Bulgaria's St Nikola Wind Park electricity output drops in 2018

Author: AES Bulgaria / All rights reserved.

SOFIA (Bulgaria), January 29 (SeeNews) - AES Bulgaria said on Tuesday that its majority-owned Saint Nikola Wind Farm produced 318 GWh of electricity last year.

This compares to 353 GWh produced in 2017, according to figures reported previously by the company.

The 156 MW wind park, operated by AES Geo Energy, has saved Bulgaria 251,593 t of carbon dioxide emissions in 2018, AES Bulgaria said in a statement.

Last month, a problem with the distribution system left the wind park with 56 MW of unavailable capacity. The problem was initially expected to be resolved by January 21, but the deadline was subsequently extended two times, the second time to February 1.

The wind farm located near the town of Kavarna, on the Black Sea coast consists of 52 turbines of 3 MW each. It was built in 2009 and commenced operations in 2010.

The total investment in the project was 270 million euro ($332.2 million), of which 198 million euro was provided by a bank consortium including the European Bank for Reconstruction and Development, the International Financial Corporation and UniCredit Market & Investment Banking.

AES Geo Energy is a joint venture of New York-listed power corporation AES, which holds a majority stake, and the German Geo Power company.

AES also operates the 600 MW coal-fired power plant AES Galabovo, located in southern Bulgaria.

($ = 0.8126 euro)

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