EKZ Renewables Ltd purchases a twelfth wind farm

3. September 2015
EKZ Renewables Ltd has purchased its twelfth wind farm. Four new wind farms in the German state of Saxony-Anhalt generate electricity for around 5500 four-person households. This brings EKZ Renewables Ltd significantly closer to its objective of generating 400 gigawatt hours of electricity a year from European wind power by 2016.

The Garlipp III wind farm is around 140 kilometres west of Berlin on a 2.5 square kilometre site in the German state of Saxony-Anhalt. Its four wind turbines generate around 25 million kilowatt hours of electricity per year, equivalent to the consumption of around 5'500 four-person households. EKZ Renewables Ltd holds a 75 percent stake, as it does at two other wind farms in Garlipp. The parties agreed not to disclose the purchase price.

Garlipp: Electricity for 15'000 households
The Garlipp site, which went into operation between June 2012 and July 2015, has a total of 10 wind turbines. They utilise good wind conditions of 6.3 metres per second to generate renewable electricity for 15'000 four-person households.

12 wind farms in 3 countries
EKZ Renewables Ltd thus holds majority stakes in twelve European wind farms: six in Germany, five in France and one in Portugal. As part of its strategy, EKZ Renewables Ltd has set itself the objective of increasing the proportion of new renewable energy to ten percent of basic supply sales by 2030.

Wind power from abroad should contribute 400 gigawatt hours by 2016. «The latest wind farm puts us on the home stretch of our strategic interim objective,» says a pleased Jonathan Rezzonico, project manager for renewable energy at EKZ Renewables Ltd.


EKZ Renewables Ltd
Beethovenstrasse 32
CH-8002 Zurich
Tel: +41 58 359 56 30
Email: info(at)ekz-renewables.ch

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