Equitix announced its investment in the Gode Wind 1 offshore wind farm. The wind farm is located 45 km from the coast in the German sector of the North Sea. The offshore wind farm consists of 55 turbines with a combined capacity of 330 MW and is part of a larger development alongside Godes 2 and 3, which will collectively provide 900 MW of renewable energy upon completion.
Furthermore, this is Equitix’s 13th offshore wind farm investment in Europe, advancing its strategic goals for growth in the region and further expanding its presence in the offshore wind sector. Orrick advised the company in legal matters, Everoze in technical and PwC in accounting and taxation.
In July 2024, Equitix acquired a portfolio of renewable energy projects in Spain, which includes two wind farms in Castilla-y-Leon and Castilla-la-Mancha. The portfolio will be upgraded with solar panels and battery storage, increasing the total energy capacity by 226 MW and reducing carbon dioxide emissions by 92,000 tons each year.
