CEE Group acquires 102.5 MWp solar park

This acquisition marks the second investment for CEE Renewable Fund 8 after a 50 MWp project in Villanueva. (Image Credit: CEE Group)

With its newly launched CEE Renewable Fund 8 (CEE RF8), Hamburg-based asset manager the CEE Group has acquired a 102.5 MWp solar park in Murcia, set to connect to the grid in H2 2025. The park will supply green energy to approximately 47,500 households, marking the fund’s second investment after a 50 MWp project in Villanueva. Launched in 2023, CEE RF8 plans to invest 750 million in hybridization projects, wind and solar parks, and storage technology, aligning with EU Taxonomy Article 9. The seller and EPC contractor is a seasoned European corporation in renewable energy development, construction, and operation. The solar park’s electricity will be sold under a PPA. The CEE Group manages 47 onshore wind farms and over 54 PV projects across Europe, providing institutional investors with impactful investment opportunities in the energy transition.