SUSI Partners has taken a key step in the management of its renewable energy portfolio. renewable energy portfolio with the sale of the Milestone wind farm, located in County Tipperary, Ireland. The asset, which has an installed capacity of 14.4 MW distributed over four turbines, was acquired by the local subsidiary of Italy’s Alerion Clean Power, marking the latter’s entry into the Irish wind market.
A consolidated asset in the European portfolio
Milestone began commercial operations in 2018 and has since maintained a solid performance, with an average generation of 40 GWh annually. This is equivalent to the electricity supply for about 15,000 households and more than 70,000 tons of CO2 avoided.
SUSI Partners acquired the wind farm during its final construction phase and, after more than seven years of operation and maintenance, is now exiting as part of an asset rotation strategy of the SUSI Renewable Energy Fund II (SREF II).
SREF II and Milestone wind farm strategy
Since its launch in 2014, the SREF II fund has developed a diversified portfolio of solar and wind power plants in Europe, focusing on pre-operational assets with value appreciation potential. SUSI has implemented long-term PPA contracts and downside protection mechanisms, ensuring profitability and stability for investors, without losing exposure to the wholesale market.
In addition to optimizing operational performance, the firm has also promoted life extension strategies and explored integration with storage systems, seeking new value opportunities across the portfolio.
Alerion expands its international presence
With this acquisition, Alerion Clean Power strengthens its 2025-2028 industrial plan and diversifies its European presence by adding a key country with favorable conditions for wind power development. The transaction, valued at 27 million euros27 million, represents a strategic commitment on the part of the Italian company, which already manages renewable facilities in Spain and Romania. and Romania.
Following this sale, SUSI Partners will have completed the exit of more than 80% of the SREF II fund’s assets in terms of invested capital. This move underscores its focus on consolidating returns through active and specialized management in energy infrastructure.
The transfer of Milestone represents a new stage for both SUSI and Alerion, in a context of growing dynamism in the European onshore wind sector.
Source and photo: SUSI Partners
