Sun, Nov 22 2009

AES Geo Energy wind park in Kavarna linked to grid on October 6

Tue, Oct 06 2009 11:29 CET byNick Iliev 2145 Views
AES Geo Energy wind park in Kavarna linked to grid on October 6

Photo: Staff

The St Nikola wind park in the Kavarna municipality in northwestern Bulgaria was scheduled to be linked to the national electric grid network on October 6 2009, website investor.bg said, quoting a statement by AES Geo Energy.

The wind park consists of 52 turbines with a total installed power of 156MW. Electricity produced by the wind park is scheduled to reach the households in the region by December 2009, the report said.

Total investment in the facility exceeds 270 million euro, of which 223 million were provided by a bank consortium, which included the European Bank of Reconstruction and Development, the International Financial Corporation, UniCredit Markets & Investment Banking, and UniCredit Bulbank Bulgaria, investor.bg said.

AES Geo Energy is developing an additional wing complex project, with a contemplated total output capacity of 670 MW worth 1.3 billion euro in Gulubovo, Bulgaria. As part of the contract, AES will manage the Kavarna facility for a period of 20 years.

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AES windpark in Kavarna to be connected to national grid by October 2009

Bulgaria currently has 158MW and is set to double that capacity when AES Corp. begins commercial operation on its 156MW wind park in Bulgarevo, near Kavarna in northeastern Bulgaria, in autumn 2009

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