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Ancala Partners Acquires 82MW Orites Wind Farm In Cyprus
March 13, 2020
Ancala Partners has paid an undisclosed amount to buy the largest wind farm in Cyprus, IPE Real Assets reports.
The infrastructure investment manager said funds it manages have bought the 82MW Orites wind farm developed by Platina Energy Partners and a local entrepreneur.
The Oriteswind farm, which cost around €170m to develop, has been operational since 2011. It comprises 41 Vestas V90-2MW wind turbines and produces around 5% of Cyprus’s entire electricity generation capacity.