We will keep the energy transition moving forwards by acquiring and rejuvenating older wind parks. We have the experience and capabilities to work agnostically across all asset strategies and all technologies.
Working with strategic partners throughout the supply chain, we’ve pioneered proven mechanisms for managing the technical, development and market risk associated with rejuvenating older assets.
With deep management experience of complex transactions and proven access to capital, our five year strategic plan targets a portfolio of over 1GW of European assets.
NeXtWind launched in 2020 with initial commitments for more than US$100m to seed the platform and invest in its first German onshore wind assets.
We are working with local communities and partners to bring new life, higher performance and shared benefit to existing sites.
Older sites tend to have the best locations but the worst efficiencies. We’ve assembled the expertise and funding to ensure that these sites are not lost to a diminishing baseline of clean power in Germany.
Indeed, with smart investment and management we expect to more than double the average wind harvest from these pioneering parks.
It’s the first step towards our strategic goal to acquire and transform a portfolio in excess of 1GW of end-of-regulatory-life European assets.