John Laing Group invests in its third wind farm project in Germany
John Laing Group plc, the international originator, active investor and manager of infrastructure projects, today announces its third investment in the renewable energy sector in Germany.
John Laing is acquiring 100% of the Horath Wind Power Project in the federal state of Rhineland Palatinate in the south west of Germany.
Schöller Wind GmbH are the seller of the project and Vestas are the operator and turbine supplier. Total installed capacity of the Horath Wind Power Project will be 29.7 MW, from 9 Vestas V112 3.3 MW turbines each with a hub height of 140 metres.
The project is expected to be completed in the fourth quarter of 2016 and will benefit from a 20 year feed in tariff.