Spanish utility Endesa SA (BME:ELE) announced today that its renewables division Enel Green Power Espana has started building a 259.2-MW cluster of three wind farms in Cuenca province, Spain.
The utility said that it will invest around EUR 256 million (USD 290.1m) in the whole project. The wind farm complex is named Campillo and will located between the towns of Campillo de Altobuey and Enguidanos.
Of the three wind farms, the Campillo I will be the smallest -- at around 76.8 MW of installed capacity. The Campillo II and III will each have 91.2 MW. Enel Green Power Espana will also build four electrical substations and three high-voltage power lines for this project.
Once up and running, the three Campillos will be capable of producing some 660 GWh per year, or more than twice the annual consumption level of a city such as the nearby Cuenca, Endesa said.
US healthcare group Johnson & Johnson (NYSE:JNJ) secured part of the output from the Campillo complex under a virtual power purchase agreement (VPPA) it signed with Enel Green Power Espana in July. The Campillo II and III wind farms will supply around 80% of the contracted power, while the rest will come from the 47-MW Veracruz solar PV farm in the province of Badajoz.
(EUR 1.0 = USD 1.133)
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