Vestas wins 42 MW Order in Croatia

14 V90-3.0 MW turbines for the Obrovac Zelengrad wind power plant

Vestas has received a firm and unconditional order for 42 MW. The 14 V90-3.0 MW turbines will be installed in the province of Obrovac, Croatia. The first turbine delivery is planned for the first quarter of 2014 and the wind power plant is expected to be commissioned during the second quarter of 2014.

The order has been placed by Eko Energija d.o.o., a company wholly owned by the EnerCap Power Funds, both of which are managed by EnerCap Capital Partners.

The contract includes supply, installation and commissioning of the turbines, along with a VestasOnline® Business SCADA solution as well as a seven-year full-scope service agreement (AOM 4000). The AOM 4000 service package offers customers assured performance, helping them to avoid unforeseen operational costs.

“We’re delighted to commence the construction of the Obrovac wind power plant which marks our first investment in Croatia. We will also have an active role in overseeing the construction of this project which will benefit from our experienced team of construction and asset management professionals,” comments Alastair Hammond, partner at EnerCap Capital Partners. “We are pleased to work with Vestas again, following our successful project in Scieki, Poland, last year, and we are looking forward to a positive cooperation during the installation and service phase.”

“This wind power project is another important milestone in the development of Croatia’s promising wind market. Vestas is pleased to receive the 42 MW order from our valued customer Eko Energija and to support their vision and business case with reliable wind turbines, services and our 30 years of wind energy experience,” says Thomas Richterich, President of Vestas Central Europe.

“We are pleased to continue our good cooperation with EnerCap. The realisation of this project is a further confirmation of Vestas’ success and commitment in the region,” says Mikael Rönholm-Nielsen, Vice President Sales, Austria/Eastern Europe.

The power plant will produce more than 110,000 MWh per year, which corresponds to an annual saving of over 35,000 tons of CO2 emissions. Furthermore, it will provide enough electricity to cover the residential electricity consumption of more than 31,000 Croatian households.

The EnerCap Power Funds specialises in private equity investments in clean energy projects across Central, Eastern and South-Eastern Europe. EnerCap manages an extensive portfolio of investments in Poland, Romania, Slovakia, Croatia and the Czech Republic. This currently totals over 320 MW of project assets under management. The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) are together majority investors in the Enercap Power Funds.

Every single day, Vestas wind turbines deliver clean energy that supports the global fight against climate change. Wind power from Vestas’ more than 49,000 wind turbines currently reduces carbon emissions by over 60 million tons of CO2 every year, while at the same time building energy security and independence. Today, Vestas has installed turbines in 73 countries, providing jobs for around 17,000 passionate people at our service and project sites, research facilities, factories and offices all over the world. With 62 per cent more megawatts installed than our closest competitor and more than 56 GW of cumulative installed capacity worldwide, Vestas is the world leader in wind energy.

The headquarters of Vestas Central Europe is located in Hamburg, Germany. The business unit is responsible for the sales and marketing of wind power systems as well as for the installation and operation of wind power plants in Germany, Benelux, Austria, Russia, Eastern Europe and Southern and Eastern Africa.

We invite you to learn more about Vestas by visiting our website at vestas.com.

Source: Vestas

For more information on: Vestas