Swiss Investment Foundation Acquires Bavaria’s Largest Forest Wind Farm

After a successful first year in operation, Max Bögl OSTWIND GmbH (MBO) sold the wind farms Reichertshüll and the adjacent Workerszeller Forst, both located between Nuremberg and Ingolstadt, to the IST3 Investment Foundation in Zurich. The 16 turbines with a total of approx. 53 megawatt installed capacity supply more than 38,000 households in the region with sustainably generated energy.

 

Bavaria’s largest forest wind farm was initially developed by Regensburger OSTWIND Group in 2013 and built in 2017 in co-operation with the Max Bögl Group. Both family businesses come from Bavaria and operate the joint venture Max Bögl OSTWIND GmbH (MBO) for wind energy projects. The sale was successfully finalised on August 17, 2018 at the headquarters of the IST3 Investment Foundation in Zurich.

 

The Wind Farm is a Lighthouse Project: The N131/3300 turbines made by Nordex were mostly installed on the territory of the Bavarian State Forests in 2017. They cover the wind farm Reichertshüll in Weißenburg-Gunzenhausen county, municipality of Raitenbuch, with 11 turbines and the wind farm Workerszeller Forst in Eichstätt county, municipality of Schernfeld, with 5 turbines. It is projected that the wind farm will generate 107 million kWh annually and supply over 38,000 households with climate friendly ecologically generated electricity. That is about 40 percent of the households in the two counties. In the context of the projects, more than EUR 2.7 million were invested in nature conservation measures.

 

Dates and Facts

  • Project realisation: Max Bögl OSTWIND GmbH (MBO)
  • Project planning: OSTWIND Erneuerbare Energien GmbH
  • Owner of territory: Bavarian State Forests AöR (15 turbines), municipality Weißenburg (1)
  • Yield: 107 million kWh/annually (prognosis)
  • Electricity for more than 38,000 households, CO2-savings: 85,500 to
  • Ecological compensation and payments: EUR 2.728 million net = EUR 170,500 per turbine
  • Total area Workerszeller Forst: 731 ha / Raitenbucher Forst: 1,234 ha
  • Permanent use of land according to LPB: 5.85 ha
  • Reforestation compliant with LPB: 4.3 ha / forestation of wood pasture: 3.48 ha

 

Photocredits: Ostwind