E.ON acquires wind energy project company Vortex
Expansion of onshore activities in Germany planned
E.ON wants to produce more wind energy in Germany. To implement this strategy, E.ON Climate & Renewables is now taking over the German activities of Kassel-based Vortex Energy.
Vortex has been developing, realising and operating onshore wind farms in Germany since 2004. The project pipeline includes wind farms with a total volume of 300 megawatts and a large number of projects at an early stage of development. This ideally complements E.ON's activities in the construction and operation of German wind farms.
"We see strong growth potential for wind energy in Germany. Vortex's outstanding expertise and regional networking are a key factor for us to exploit this potential and compete for the best locations," says Anja-Isabel Dotzenrath, CEO of E.ON Climate & Renewables.
"Vortex Energy sees the acquisition by E.ON Climate & Renewables as the ideal opportunity to successfully realize its project pipeline in Germany and maintain sustainable growth. For the employees of Vortex, the transaction provides future security and excellent prospects," emphasizes Till Jeske, CEO of the Vortex Energy Group.
Vortex will continue its business from Kassel with an unchanged market presence. With Vortex Energy Deutschland GmbH, 30 employees are transferred to E.ON. The activities of the Vortex Energy Group in Poland and Belgium are not part of the acquisition. The transaction is subject to approval by the relevant antitrust authorities.
This press release may contain forward-looking statements based on current assumptions and forecasts made by E.ON Group Management and other information currently available to E.ON. Various known and unknown risks, uncertainties, and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. E.ON SE does not intend, and does not assume any liability whatsoever, to update these forward-looking statements or to align them to future events or developments.