Professio Energia has acquired the 44MW Danilo and the 34MW Rudine wind farms in Croatia from Mirova and RP Global.

Mario Klaric, managing director of Professio Energia, said this transaction marks an important milestone in the implementation of Professio’s growth and development strategy.

”More than that, we strongly believe that this transaction has the potential to become first step in long – term partnership between Mirova, RP Global and Professio Energia in sustainable investing in the region of South-East Europe.

“Together with our shareholders, we have ambitious plans for future ESG investments thus contributing to green transition of Croatia and complete SEE region.”

Professio Energia is owned by Erste pension fund, PBZ CO pension fund and Croatia osiguranje.

Mirova had acquired 95% of the Danilo and Rudine wind farms in 2017 through its renewable energy fund Mirova-Eurofideme 3. Austrian developer and investor RP Global remained a 5% minority shareholder and was responsible for the operation of both wind projects.

Raphaël Lance, the head of energy transition infrastructure funds at Mirova, said: “We are pleased to announce the sale of our two wind farms in Croatia to Professio Energia, a local and experienced player in the renewable energies, which shares a common vision of renewable energy deployment in Europe.

”It is a great satisfaction to have contributed with RP Global to Croatia’s development in renewable energies through the investment in Danilo and Rudine, and now to let the local actors take over the projects.”

Jorge Rodriguez Garcia, CFO at RP Global, said: “We look forward to developing a fruitful, long-term partnership with Professio Energia, one of the most reputable investors in the industry, through the provision of operation and maintenance services for the acquired projects.”

To read the digital edition of the latest IPE Real Assets magazine click here.