Gamesa Sells 82 MW of Greek Wind Projects to Eren Unit

Spanish wind turbine maker Gamesa (BME:GAM) said today it had divested two Greek wind projects totalling 82 MW to EMV, part of Eren Groupe SA.

Gamesa will build the 40-MW Ptoon and 42-MW Maristi wind farms for EMV in the Sterea Ellada region. The company will use nine of its G87 turbines and 11 of the G97 machines for the Ptoon project. The Maristi plant, in turn, will comprise 21 of Gamesa’s G87 units.

The scope of the deal includes installing electric substations at both sites. The contract also calls for the Spanish firm to operate and maintain the two wind parks for a 10-year period. The facilities are expected to be completed by the end of 2015.

Including the newly-purchased projects, Luxembourg-based Eren now owns over 150 MW of renewable energy plants in Greece, either operational or under construction. Last year, the group bought a 25.5-MW wind park in Greece’s Viotia prefecture from Gamesa.

Since 2000, Gamesa has developed almost 90 MW of wind farms in Greece and its current local pipeline reaches 600 MW. Moreover, the company has also erected 180 MW of its turbines and maintains a further 118 MW in Greece.

Source: SeeNews