Wind Works has now sold 100% of the 4MW wind project.
Wind Park Burg 1 is currently under construction by its affiliate, Wind Works Development, the company said.
The wind park is expected to be online later this year.
The sales price for 100% of Wind Park Burg 1 is $12m, and Wind Works will earn a 1% royalty on gross revenues of the wind farm, with the potential to increase the royalty to 2% based on the actual performance of the wind farm.
Wind Works president and CEO Ingo Stuckmann said acting as turnkey contractor for Burg 1 complements our current development activities in Germany.
