The Danish pension funds AP Pension and PBU acquire 19 windmill farms
GPP Vind owned by AP Pension and Pædagogernes Pensionskasse (PBU) acquires 19 small windmill farms from Vattenfall. Plesner has assisted GPP Vind with the acquisition.
GPP Vind acquires 19 small windmill farms in Jutland, Denmark, with a total capacity of 65 MW from the Swedish energy company Vattenfall. GPP Vind is a subsidiary in the Green Power Partners II group and is owned by AP Pension and PBU.
For GPP Vind the acquisition of 19 operating windmill farms with a total of 88 windmills is an attractive investment that ensures, among other things, a cashflow for a long period of time. GPP Vind is contemplating to take down some of the oldest windmills in future and replace them with new and modern windmills.
The sale of the small windmill farms makes it possible for Vattenfall, which is Denmark's biggest operator and owner of windmill farms on land, to focus directly on wind power projects on land and at sea.