Luxcara expands its wind portfolio in Norway by 263 megawatts

Luxcara, one of Europe’s leading asset managers for renewable energy investments, has once again acquired a sizeable portfolio of wind turbines in southern Norway. The wind farms are located in the Bjerkreim region and will provide a total capacity of 262.8 MW. Luxcara is thus expanding its portfolio of European solar and wind farms to a total capacity of almost 800 MW.

“Thanks to our excellent network, we have been successful in acquiring another large wind portfolio in Norway for our institutional investors within a short period of time,” says Dr Alexandra von Berns¬torff, Managing Partner of Luxcara.

A total of 73 wind turbines will be constructed and are expected to be completed and connected to the grid in 2019.

“We are currently in negotiations with several well-known partners regarding a long-term power purchase agreement. In combination with reliable wind farms at sites with continuously high levels of wind throughout the year, we are laying the foundations for sustainable cash flows and an attractive project for our investors,” explains von Bernstorff.

About Luxcara

Luxcara is an independent asset manager, specialising in renewable energy investments for institutional investors. The owner-managed company was founded in 2009 by the sole shareholders Dr Alexandra von Bernstorff and Kathrin Oechtering. Luxcara acquires, structures, finances and operates long-term renewable energy portfolios and manages an investment volume of close to EUR 2.3 billion.

Luxcara currently manages a portfolio comprising photovoltaic and wind power plants in Germany, France, Italy, Great Britain and Scandinavia with a total capacity of approx. 800 MW. With this extensive track record, Luxcara is one of the most experienced asset managers for renewable energy investments.

Media contact:

Lars Haugwitz
GFD - Gesellschaft für Finanzkommunikation mbH
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