Wattner acquires 15 megawatt solar power plants
Thursday, Jan 10, 2013
COLOGNE, Germany, January 9, 2013 /PRNewswire/ --Two new power plants for Wattner solar funds
Wattner has acquired two newly built solar power plants with a total capacity of 15.4 megawatts (MW) and is incorporating them into its closed-end solar funds Wattner SunAsset. The total investment volume is approximately 26 million Euros.
Both plants were commissioned before September 2012. One greenfield installation with a power of 7.3 MW is located in Loewenberger Land, Brandenburg. The larger power plant with a capacity of 8.1 MW has been built on a greenfield near Horka, Saxony.
Wattner finances power plants for renewable energies with an emphasis on solar power. The company is the only engineer-run issuing house with the most megawatt solar parks in Germany. Over 5,000 investors profit from the steady returns from Wattner's short-term solar funds.