Encavis acquires 199 MW wind and solar portfolio from BayWa r.e. in Spain

Encavis AG announces the acquisition of a 199 MW portfolio consisting of three wind farms and two photovoltaic plants in Aragon, marking a key step in the group's technological diversification in Spain.

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Encavis AG, a Hamburg-based operator, has completed the acquisition of a 199 MW renewable energy portfolio from BayWa r.e. in Spain. The transaction concerns three wind farms and two photovoltaic plants located approximately forty kilometres from Zaragoza, in the Aragon region. This mixed portfolio brings together 142 MW of wind power and 57 MWp of solar, using a shared grid infrastructure to optimise connection costs.

Deployment of complementary technologies and timetable

Each of the three wind farms integrates eight Nordex N163 turbines, providing a total output of 47.2 MW per site. Construction is underway, with commissioning planned between the fourth quarter of 2025 and the first quarter of 2026. The two photovoltaic plants, with capacities of 32 MWp and 25 MWp respectively, are progressing according to the established schedule and are expected to be connected to the grid in the fourth quarter of 2025.

The hybrid configuration of these assets is designed to maximise energy productivity and land profitability by pooling the use of electricity transmission infrastructure. Once operational, all sites are expected to generate nearly 467 GWh of electricity per year.

Integration of management systems and market outlook

The portfolio incorporates the IdentiFlight detection system, which enables real-time identification and classification of bird species and automatically adjusts turbine operation. This technology is part of the biodiversity management measures adopted at all sites.

For Encavis AG, this transaction marks the first deployment of wind assets in Spain and reflects an accelerated diversification strategy. According to management, this acquisition demonstrates the group’s intention to position itself among the leading European renewable energy providers.

BayWa r.e. remains involved in the development of hybrid projects in Europe and highlights the innovative nature of the model combining wind and solar in a single geographical area.

All assets acquired by Encavis AG will benefit from centralised management and operational synergies, with the objective of optimising returns in the Spanish market.

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