Private equity firm Ardian buys German wind power assets

May 19 (Reuters) - Ardian Clean ​Energy ⁠Evergreen Fund, a unit ​of private equity firm Ardian, has agreed to ​buy ‌a portfolio of German wind power assets, ⁠it said on Tuesday.

* The ⁠fund is acquiring ​a greenfield onshore wind portfolio in Saxony with total installed capacity of 132 megawatts ​once completed

* ‌Financial terms were not disclosed

* "This acquisition is consistent with ACEEF's strategy to secure high-quality contracted revenue opportunities and ​build scalable renewables platforms across Europe's core markets", said ‌Benjamin Kennedy, Ardian's Head of ACEEF & Managing Director Renewables

* "The German ‌anchor portfolio gives us an attractive entry point and a clear runway for disciplined growth ​through follow-on investments in onshore wind and adjacent technologies", he ‌added.

* In March, Germany laid out plans to help it meet 2030 climate ⁠targets and ⁠reduce its dependence on ‌volatile fossil fuel imports, by making 8 billion euros ($9.30 ​billion) available ​to fund measures such as ‌expanding wind power capacity and boosting electric vehicle sales