Weekly renewables M&A round-up (Aug 8-12)
Aug 12, 2022 17:43 CESTJanuary 13 (Renewables Now) - German wind turbine maker Nordex SE (ETR:NDX1) today announced a contract from renewable energy producer Enefit Green AS (TAL:EGR1T) to equip its 72-MW Tolpanvaara wind farm in Finland.
Enefit Green, the renewables arm of Estonia’s Eesti Energia AS, has ordered 13 N163/5.X turbines from the Delta4000 platform for the plant in Northern Ostrobothnia region. The machines will come with an anti-icing system.
Nordex will be in charge of the supply, installation and commissioning of the hardware and will service it for up to 30 years. The deal is the first one for Nordex in Finland, the manufacturer noted.
Turbine installation at the site is scheduled for the summer of 2023. Upon completion, the EUR-82.9-million (USD 95.1m) wind farm will produce some 250 GWh of electricity annually, which corresponds to the average annual consumption of around 76,000 Estonian households. The plant will be operated under a long-term power purchase agreement (PPA).
Enefit Green acquired the rights to the Tolpanvaara project from Finnish state forest management company Metsähallitus in 2020 and took the final investment decision (FID) at end-2021.
(EUR 1.0 = USD 1.147)
Weekly renewables M&A round-up (Aug 8-12)
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