Alpiq announces the sale of its Bulgarian wind farm to Renalfa

Alpiq sells Vetrocom wind farm to Renalfa Renalfa is thus strengthening its renewable energy portfolio in the region, while Alpiq is pursuing its strategy of geographical concentration on its core markets.

Partagez:

Alpiq has announced the sale of its Bulgarian wind farm Vetrocom, Alpiq Energia Bulgaria, and Alpiq Wind Services to Renalfa, thus continuing its strategy of geographical concentration on its core markets.

Alpiq sells its Vetrocom wind farm to Renalfa

The Bulgarian company built the Vetrocom wind farm near the town of Kazanlak, 200 km east of Sofia. The sale is subject to customary closing conditions, including the approval of competition authorities.

With the sale of Alpiq, Renalfa has acquired the Vetrocom wind farm. With a capacity of 72.5 megawatts (MW), it produces an average of 135 gigawatt hours (GWh) of climate-friendly electricity per year.

Alpiq Wind Services is primarily responsible for the safe and reliable operation and maintenance of the Vetrocom wind farm. Alpiq Energia Bulgaria is optimizing the sale of electricity generated by the wind farm. It also optimizes the purchase and sale of control energy in relation to Vetrocom and for third-party assets.

“Alpiq is proud of more than a decade of successful ownership and operation of one of the largest wind farms in Bulgaria. I am delighted to hand over Vetrocom and the strong local team to Renalfa, who will continue to build on this success,” says Lukas Gresnigt, Head of Alpiq’s International Business Division.

Alpiq divests its major wind power company in Bulgaria

The sale of Alpiq to Renalfa also includes Alpiq Wind Services and the trading activities of Alpiq Energia Bulgaria. The sale represents a further step for them towards a geographically focused energy company in its core markets.

Subject to customary closing conditions and antitrust approval, the parties are expected to complete the transaction in 2023.

Renalfa IPP is one of the leading investors and developers in Eastern Europe. In fact, it has more than 450 MW of operational assets or projects under active construction and more than 1 GW of projects in advanced stages of development. The company is active in Poland, Hungary, Romania, Bulgaria and Northern Macedonia. However, the selling price was not disclosed. Renalfa IPP is strengthening its presence in renewable energies in Eastern Europe with the acquisition of Vetrocom from Alpiq.

  • Populaires ​
NamPower launches $90.3mn solar power plant to secure Namibian energy
France Officially Launches Its First Floating Wind Farm in the Mediterranean
Brno rejects EDF lawsuit over Czech nuclear contract
Zambia restructures petroleum logistics to stabilise energy supply
Morocco: COBCO Starts Production of Materials for Electric Vehicle Batteries
Sale of wind farm in Peru: ACCIONA Energía receives 253 million USD
ACCIONA Energía transfers the San Juan de Marcona wind farm to Luz del Sur S.A.A., a major player in Peru's energy sector, for up to USD 253 million, pending necessary regulatory approvals.
Encavis acquires two German wind farms totalling 59 MW from Energiequelle
German operator Encavis AG strengthens its portfolio by acquiring two wind farms in Lower Saxony and Saxony, totalling 59 MW, in a transaction with Energiequelle GmbH, thereby expanding its renewable energy assets.
Ocergy launches 15 MW floating wind turbine pilot project with international partners
Ocergy officially launches an industrial project aiming to install by 2028 a new-generation floating wind turbine of over 15 MW, in partnership with EnBW, Kyuden Mirai, and TEPCO Renewable Power.
France: Petit Doré wind farm delivers its first Breton megawatt-hours
Inaugurated on 20 June, the five-turbine plant of wpd onshore France feeds 18 MW into the grid and unlocks new tax revenue for four Côtes-d’Armor municipalities.
Statkraft reduces offshore wind investments following strategic review
Statkraft refocuses investments on flexible Nordic hydropower and reduces commitments in offshore wind and hydrogen to lower operating costs, amid an uncertain economic environment and pressured profitability.
Suzlon secures 170.1 MW order from AMPIN for Andhra Pradesh
Suzlon Group receives third consecutive order from AMPIN Energy Transition to supply 170.1 MW of wind turbines for a project in India's Andhra Pradesh state, strengthening their strategic industrial partnership.
Scotland approves major 1GW floating wind project off Aberdeenshire coast
The Muir Mhòr floating wind project secures Aberdeenshire's onshore consent, paving the way for the potential production of one gigawatt of electricity, enough to power up to 1.2 million British homes by the early 2030s.
Iberdrola España signs wind energy contract with Renfe for 3,700 GWh
Iberdrola España and Renfe conclude a virtual power purchase agreement for 370 GWh per year for ten years, strengthening the use of renewable energy in Spanish railway transport.
TotalEnergies awarded 1GW offshore wind concession in the North Sea
TotalEnergies has been awarded a concession in the North Sea enabling the development of a 1GW offshore wind project, reinforcing its strategic presence in Germany.
Global Offshore Wind Capacity: 85 GW Achieved, 100 GW Targeted by 2026
With an annual increase of 14%, global offshore wind capacity now reaches 85.2 gigawatts, driven mainly by China, the United Kingdom, and Germany, while another 27.3 gigawatts are currently under construction.
TotalEnergies launches geotechnical surveys for the Jammerland Bugt wind farm
Seabed exploration begins in Jammerland Bay to validate the placement of sixteen turbines and the cable corridor, the first tangible step before construction of the project led by TotalEnergies and European Energy.
Thor offshore wind farm prepares its operational centre in Thorsminde
RWE and Østermark Entreprenørforretning celebrate advanced construction of the operational building for Denmark's largest offshore wind farm, promising up to 60 permanent local jobs by 2026.
RWE and Amazon sign strategic agreement for energy and digital innovation
RWE and Amazon Web Services enter a strategic collaboration to supply renewable energy for data centres and accelerate digital capabilities within the global energy sector.
SSE Renewables commissions 28 MW wind farm in Marne
SSE Renewables inaugurated its first wind farm in Southern Europe in Chaintrix-Bierges and Vélye, with eight Siemens Gamesa turbines and an investment exceeding €30mn ($32.3mn).
VALOREM joins Elicio and Q ENERGY for the AO9 floating wind tender
The Astenn Avel consortium, led by Elicio and Q ENERGY, brings in VALOREM to bid for the 500 MW floating wind project planned off the coast of Southern Brittany.
CIB funds $108.3mn for 102 MW wind farm in Quebec
The Canada Infrastructure Bank supports the construction of the Mesgi'g Ugju's'n 2 wind farm, co-owned by Mi'gmaq communities and Innergex, through a combined equity and debt financing package.
Ocean Winds assembles its first floating wind turbine on the EFGL project in the Mediterranean
The first turbine of the Éoliennes Flottantes du Golfe du Lion project was assembled at Port-La Nouvelle, marking a major industrial milestone for Ocean Winds and its partners.
RWE commissions 14.7 MW wind farm in Brittany
RWE inaugurated an onshore wind farm in Plounérin and Plounévez-Moëdec, featuring four turbines with a capacity of 14.7 MW, in partnership with the local SEM Lannion-Trégor.
France: wpd commissions a 10 MW wind farm in northern France
The Moulins wind farm, made up of five turbines, was inaugurated on June 6 across three municipalities in the Douaisis region. It will generate €70,000 in annual tax revenue for local authorities.
SANY R.E. signs 168 MW wind contract in Serbia to expand its presence in Europe
Chinese firm SANY Renewable Energy enters Serbia through a 168 MW wind deal aimed at powering the local grid from 2028.

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS