ENCAVIS expands solar park portfolio in France

Encavis has expanded its French solar park portfolio and now owns 100 percent of 12 further solar parks in France with a total capacity of 75 MW.

Encavis had already increased its ownership in the Spanish large-scale solar project La Cabrera (200 MW total capacity), the Brandenburg / Havel solar park (18.7 MW total capacity) and the Bitterfeld solar park (6 MW total capacity) to 100 percent in the first half of 2020.

“Through acquisition of minority shares in our solar parks, we are consistently implementing our growth strategy ‘Fast Forward 2025’. Whenever Encavis has the opportunity to acquire missing minority shares in our solar park portfolio on economically convincing terms, we will take advantage.”

Dr. Christoph Husmann, CFO of Encavis.