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Orrön Energy sells three solar projects in Germany for up to €14mn

Swedish group Orrön Energy is selling a portfolio of development-stage solar projects to Gülermak for up to €14mn, including an initial €0.7mn payment and additional milestone-based consideration.

Orrön Energy sells three solar projects in Germany for up to €14mn

CountriesAllemagne, Suède
SectorÉnergie Solaire
ThemeInvestissements & Transactions

Orrön Energy AB has reached an agreement to sell three solar development projects in Germany to Gülermak Renewables Deutschland Holding GmbH for a total consideration of up to €14mn ($15.32mn). The portfolio, located in eastern Germany, represents an estimated installed capacity of 234 MW. An initial payment of €0.7mn ($0.77mn) will be made at the closing of the first project, expected at the beginning of 2026.

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Énergie Solaire