Good Energies and NIBC Infrastructure Partners have signed an agreement with German solar integrator Q-Cells to acquire solar PV plants Finsterwalde II and Finsterwalde III located in Brandenburg, Germany.

Together with the adjacent Q-Cells built project Finsterwalde I, the three Finsterwalde projects have a capacity of 81MW.

The projects, which have been developed and constructed by Q-Cells, are now fully operational and benefit from an attractive feed-in tariff for 20 years in accordance with the provisions of the German EEG.

Q-Cells will continue to carry out the operations and maintenance of the PV plants under a long term contract.

NIBC Infrastructure Partners CEO Darren Kyte said that the Finsterwalde solar PV projects build on NIBC’s experience in the renewable energy infrastructure sector.

"This will be our fourth acquisition of an operational renewable energy infrastructure asset during the last 12 months," Darren said.