KGAL invests in wind farm repowering near Bremen

KGAL Investment Management's acquisition of the Rekum wind farm near Bremen represents a strategic investment in the repowering of existing wind infrastructure. The project, involving the replacement of Enercon turbines with more powerful Nordex models, will significantly increase the wind farm's capacity from 1.8 MW to 14 MW. This repowering initiative is expected to boost annual green electricity feed to approximately 38,700 MWh upon completion in the third quarter of 2026. The acquisition, executed for an institutional fund mandate, underscores the growing investor appetite for renewable energy assets in Germany. The deal is notable for its focus on repowering, a key trend in mature wind energy markets seeking to optimize existing sites and improve energy output. The involvement of established players like KGAL, Energiequelle GmbH, and Nordex further highlights the project's credibility. While the deal value remains undisclosed, the increased capacity and expected electricity generation suggest a substantial investment. This transaction contributes to Germany's renewable energy targets and demonstrates the continued attractiveness of onshore wind projects for institutional investors.