MVV Energie acquires wind farm in North-East Germany
Entry into wind power business as part of renewable energies expansion programme - Eight e.n.o. energy wind power plants with total output of 16 MW generate electricity for 10,000 households
The Mannheim-based energy company MVV Energie AG has successfully entered the wind power market by acquiring a wind farm in Mecklenburg-Vorpommern in North-East Germany. Plauerhagen Wind Farm, located around 90km south of Rostock, has a total of eight wind power plants and total installed output of 16 megawatts. "Wind power is a key component of our strategy to expand renewable energies", stressed Dr. Georg Müller, CEO of MVV Energie, in Mannheim on Monday.
The wind farm has been acquired from the Rostock-based company e.n.o. energy GmbH, which covers the entire wind power value chain and in this case has sold a wind farm consisting of wind power plants from proprietary production. These involve plants of the type e.n.o. 82-2.0 with a hub height of 101 metres. With forecast annual electricity output of around 38 Giga Watt hours (GWh), these should supply almost 10,000 households with environmentally-friendly electricity in future.
"By investing in Plauerhagen Wind Farm, we have taken our first step in the high-growth wind power market," continued Dr. Müller. "We plan to raise the share of renewable energies in our proprietary electricity generation from 18 percent today to 30 percent by 2020." The wind farm will help increase this share to 19 percent. Renewable energies are thus one of the focuses of the investment programme announced by MVV Energie, due to amount to Euro 3 billion by 2020, of which around half is to be channelled into growth investments. Added Dr. Müller: "Alongside the generation of energy from biomass, where we are already among the German market leaders, onshore wind power represents the most promising area for us."
"Plauerhagen is our first cooperation project with MVV Energie and we look forward to intensifying this cooperation further¿, commented Karsten Porm, Managing Director of e.n.o. energy GmbH, with regard to the future. Moving forward, the two companies intend to work together in future as well and thus see the Plauerhagen project as a prelude to further joint activities implementing wind power projects.
Company profiles:
The publicly listed municipal utility group MVV Energie AG is one of Germany's leading energy players. Among the Group's outstanding features are its well-balanced business portfolio of electricity, district heating, gas, water, energy-related services and environmental energy and its horizontal networking and integration of shareholdings with local and regional operations in the same business fields. The Group's total of around 6,000 employees generated consolidated sales of Euro 3.2 billion in the 2008/09 financial year. With its strategic realignment, MVV Energie has laid foundations for the sustainable, profitable further development of the Group. Over the next ten years, the Group plans to invest Euro 3 billion in its existing business and in sustainable profitable growth. Renewable energies and the future markets of climate protection and energy efficiency form one focus of the Group's medium and long-term strategy.
e.n.o. energy GmbH has been successfully operating in the high-growth wind power market for more than ten years now. The company covers the entire wind power value chain, ranging from planning and erecting turnkey wind farms either for sale or for proprietary operation, to maintenance and operations management services, to proprietary wind power plant productions. This concept, unique in Germany, enables e.n.o. energy to offer all-round solutions not only to municipal investors. The company is also able to perform all individual services involved, such as developing projects, acting as general contractor for the complete farm installation process or separately supplying wind power plants to project developers.
