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ENCAVIS AG partners with GreenGo on 500 MW+ Solar Portfolio in Denmark

Power News - Published on Thu, 28 May 2020

Image Source: Encavis GreenGo Solar Power
Encavis AG announced that it has signed a partnership agreement with GreenGo Energy Group a/s concerning a 500 MW+ portfolio of utility scale subsidy-free solar projects in Denmark. The parties have co-created an innovative full cycle partnership model where Encavis will acquire projects early on and ensure financing through to COD, and where the parties are aligned on fully optimizing the project portfolio throughout the development and construction execution cycle.

Under the agreement, Encavis has secured exclusivity for a 500MW+ portfolio, structured to ensure sufficient risk mitigation through diversification across Denmark. The lead project, Project M01A, which has already obtained zoning approval and building permit in Ringkøbing Skjern kommune, is planned to commence construction this year in due course.

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Posted By : Yogender Pancholi on Thu, 28 May 2020
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