BKW Energie Buys Portfolio of French Wind Farms from Mirova and RIVE Private Investment
Posted on 03/13/2022
BKW Energie AG, a unit of BKW AG, is a power production and distribution utility with its headquarters in Bern, Switzerland. BKW Energie acquired six wind farms with an installed capacity of 105.7 MW in the Somme region of northern France. The sellers are Mirova (a unit of Natixis Investment Managers) and RIVE Private Investment who set up the wind farms, which went into operation between September 2018 and August 2021.
Post-deal, BKW Energie will have a portfolio of 11 wind farms in France with a total capacity of about 170 MW.
RIVE Private Investment is a private equity investment company based in Paris, Geneva, Luxembourg and Hamburg.