130.2 MW onshore wind project acquisition opportunity

Iași,Romania

Project Overview

Location:
N-E Romania, Iasi County,
UATs of Dumești and
Românești

Authorized Capacity:
130.2 MW

Permits obtained:
• ATR
• Grid Connection Contract
• All buildingpermits

Wind data:

• Capacity Factor of 32.8% – Vestas is prepared to provide an AOM 5000 type insurance policy, which includes production coverage, for an estimated annual production of 385,000 MWh.

• The approximate maximum CAPEX is €1,350,000 per MW for wind.

Nord Wind Power SA is a joint-stock company and wants to sell the entire package of shares to the investor.

Technical Specifications

Wind Data:
• Average Wind Speed of 7.1 m/s
• Continuously measured from October 2021, with the anemometer set at 105m height (recording data at 60, 80,100 and 105m height)
Equipment
• 31 x Vestas 150 – 4.2 MW, maximum height authorized 180 m (tip height)

Leases and Land

• Out of 31 turbines, 11 are located on land under UAT concession and 20 are situated on privately-owned properties.
• The concession for the land spans 49 years, with an annual cost of 150,000 €.

Access & Grid Connection

Street Network Connection
• Access already reinforced to support the heavy load and dimensions of the turbines.

Grid Connection
• €5,000,000 – The cost of the 30 kV/220 kV connection station
• Total costs reduced from €11,000,000 after Delgaz accessed an EU grant to cover the 6 million for reconducting the 110 kV line in N-1 regime.
• The developer issued a letter of good execution (SGB) amounting to 750,000 euros for both projects, in favor of the national operator Transelectrica.