Project overview

Location

Akmene, Lithuania

Number of turbines

12

Status

In operation

Performance

74.4MW

At a glance

The Dune onshore wind farm with 12 wind turbines is being built in Akmene, near the border with Latvia. Due to the coastal location, wind conditions here are comparable to those of an offshore wind farm. The property serves to further diversify the fund portfolio geographically.

Why is the asset attractive?

  • Windy area: Average wind speeds of over 7m/sec  
  • Investment in a stable EU country with an investment grade rating of A2 
  • Acquisition of a project ready for construction without significant development risks
  • Further geographical diversification of the fund portfolio
    • Section of a world map with pins for the investment objects

    Our global investments

    As a global investment manager, Pangaea Life participates in successful sustainable real asset projects worldwide. Click on our interactive world map to see where we are making a difference with our investments in renewable energy and sustainable living.

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