Elecnor to build 231 MW of wind for Spain’s Phoenix project

Elecnor SA (BME:ENO) has been awarded a EUR-47-million (USD 52.7m) contract to build six wind farms in Zaragoza , Spain, the construction engineering company informed on Thursday.

The farms, Monlora I, Monlora II, Monlora III, Monlora IV, Monlora V and La Sarda, will have 61 wind turbines installed and a combined capacity of 231 MW. Elecnor will carry out the preliminary studies and civil works, as well as build three 132/30 kV substations and two 32 kV power evacuation lines. The construction is slated to be finalises in November this year.

The six schemes are part of the 342-MW Phoenix onshore wind project that Forestalia Renovables SL of Spain, French electric utility Engie SA (EPA:ENGI) and Natixis SA (EPA:KN) subsidiary Mirova plan to build in the Aragon region. The entire project consists of ten wind farms in Zaragoza and Teruel provinces with GE Renewable Energy, a unit of General Electric Co (NYSE:GE), supplying the turbines.

The ten-farm project was awarded at the renewable energy auction organised by the Spanish energy ministry in 2017. JPMorgan and Spanish lenders Banco Santander (BME:SAN) and Banco Sabadell (BME:SAB) provided the financing.

(EUR 1.0 = USD 1.12)

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