Gestamp Wind launches its second wind farm in Türkiye

The Adares wind farm

In July 2016, Gestamp Wind will commission the new Yahali wind farm that it is building in the province of Kayseri, located in the Central Anatolia region. The three parks together will contribute an EBITDA of more than 30 million dollars.

Gestamp Wind, the wind energy division of Gestamp Renewables, has put into commercial operation the Adares wind farm in Turkey , with a capacity of 10 megawatts (MWs).

The wind farm consists of 5 Gamesa G97 wind turbines with a power of 2MWs and will have an average production of 30.000 megawatt hours per year, covering the demand of about 13.000 Turkish households, and avoiding the emission of 14.000 tons of CO2 per year.

The project is located in the municipality of Selçuk, province of Izmir, next to the coast of the Aegean Sea, one of the areas of greatest wind resource the country.

Furthermore, it will benefit from Turkey's renewable energy and local component support program, allowing it to sell energy at a guaranteed dollar-denominated rate for 10 years of operation. The investment was financed through a project finance agreement with the Turkish bank Garanti Bankasi.

In this way, Gestamp Wind now has two wind farms in Turkey, totaling a power of 34 MW, after the commissioning of the 2011 MW Turgut Tepe park in 24. In July 2016, Gestamp Wind will commission the new Yahali wind farm that it is building in the province of Kayseri, located in the Central Anatolia region. The three parks together will contribute an EBITDA of more than 30 million dollars.

Dionisio Fernández Auray, CEO of Gestamp Wind stated that: “with this project we reached 580 MW of wind power in operation.” And he added that: “we have 328 new MW under construction in 5 countries, of which 127 MW will come into operation until December 2015 and the rest before August 2016.”

Digital Editorial Team eE

Continuous newsroom for Empresa Exterior. A team specializing in real-time monitoring and writing up-to-the-minute daily news on international markets, ensuring constant updates on B2B developments.

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