Elecnor building 312-MW wind farm in Spain

Wind park in Spain. Author: Santi VillamarĂ­n. License: Creative Commons, Attribution-NoDerivs 2.0 Generic.

November 23 (Renewables Now) - Spanish infrastructure builder Elecnor SA (BME:ENO) said on Monday that it is making progress with the construction of the Gecama wind farm in Spain, a project it secured under a EUR-64.3-million (USD 72.4m) contract.

The 312-MW project is promoted by Israeli wind and solar developer Enlight Renewable Energy Ltd (TLV:ENLT).

Elecnor serves as the balance of plant (BOP) contractor on Gecama, the largest single-phase wind project in Spain, according to the builder. Germany’s Nordex SE (ETR:NDX1) is supplying the wind turbines.

The Gecama wind farm will stretch across a 41-square-kilometre (15.8 sq miles) territory in the province of Cuenca, central Spain. Elecnor expects to finalise construction works in mid-2022, it said.

According to Enlight, Gecama will operate on a full merchant basis.

Enlight will hold a 72% stake in the Gecama project company. Israeli insurance groups Phoenix Holdings Ltd (TLV:PHOE) and Menora Mivtachim Holdings Ltd (TLV:MMHD) are also investors in the project.

(EUR 1.0 = USD 1.127)

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Sladjana has significant experience as a Spain-focused business news reporter and is now diving deeper into the global renewable energy industry. She is the person to seek if you need information about Latin American renewables and the Spanish market.

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