vortex energy sells a 42 MW wind farm project in Poland

vortex energy sells a 42 MW wind farm project in Poland

vortex energy sells 42 MW wind farm project in Poland The vortex energy group has concluded an agreement with the Italian wind energy company, ERG Renew, to sell 100% of its shares in the company EW Orneta 2. EW Orneta 2 will keep the project rights for the construction of wind farms in the Polish community of Radziejów while upholding the planned capacity of 42 MW. After commission is complete, the wind farm will have an estimated electricity generation of 100 GWh per year, and has a reduced CO2 emission of approximately 85kt. Construction of the wind farm is expected to commence in the third quarter of 2014 and will be operational by mid 2015.

A general contractor and project development contract has been signed between the vortex energy group and ERG Renew. Next, both parties will sign a management contract under which the vortex energy group will take over management of the wind farm from ERG Renew once it is operational.

The wind farm will consist of 21 Vestas V90-2MW wind turbines, a technology that the vortex energy group has previously built in Poland and Germany.