Alcoa Corporation has awarded Centrica a two-year contract for commercial services in support for a wind power purchase agreement (PPA) deals in Norway.
The works involved includes the delivery of dynamic shaping and balancing services for power generation at the 197 MW Guleslettene wind park and power consumption at Alcoa’s plants in Norway.
The Guleslettene wind farm, to be built north of the city of Floro, is expected to be operational. Alcoa is set to buy the power output of the project under a 15-year corporate PPA deal with BlackRock Real Assets that owns the project. In addition to the PPA, the park also has a power purchase guarantee with the Norwegian Export Credit Guarantee Agency (GIEK).
Country updates
-
-
May 21, 2019
CapMan Infra, CBRE invests in Norwegian ferry and express boat operator Norled
A consortium of CapMan Infra and CBRE Caledon Capital Management have entered into an agreement to acquire Norled, a leading ferry and express boat service provider with operations across Norway. The...
Read more -
May 17, 2019
Norsk Vind Energi AS plans 1,500 MW wind farm in Norway
Norsk Vind Energi AS (NVE) has submitted plans to the Norwegian Water Resources and Energy Directorate for the development of the Hordavind wind farm in Nordhordland. The size of the project is 1...
Read more -
May 10, 2019
Vestas to equip five turbines in 21 MW wind project in Norway
Falck Renewables S.p.A., through its Norwegian subsidiary Falck Renewables Vind A.S., has awarded to Vestas Norway A.S. a supply contract for the purchase of 5 wind turbines V117-4.2 MW for its Okla w...
Read more -
May 08, 2019
KGAL completes purchase of minority stakes in SunErgy
Private Equity Fund KGAL New Frontiers, a unit of German KGAL, has completed the purchase of a 22% stake in SunErgy. SunErgy is a Norwegian company specialized in off-grid power supply to emerging co...
Read more -
April 30, 2019
Prime Capital launches Prime Green Energy Infrastructure Fund
German independent asset manager Prime Capital AG has launched the fundraising for Prime Green Energy Infrastructure Fund (“the Fund”), a fund which will invest in wind-powered energy asse...
Read more
