BayWa r.e. and NORD/LB Norddeutsche Landesbank have successfully completed the financing of 3 new wind farms in Italy with a total volume of more than 100 million euro. The wind farms are currently constructed by BayWa r.e. (Munich) in the Italian regions of Lazio and Campania and have a total output of around 66 MW.
The projects Arlena and Tessennano have been built in the correspondent towns in the Lazio region and consist of nine Vestas V110 turbines with an output of 18 MW. Commissioning took place in October 2018. The third wind farm Eolica San Lupo in the Campania region features 16 Vestas V117 turbines with a capacity of 48 MW. Commissioning is planned for July 2019.
The generated amount of green electricity will support Italy's contribution to the overall EU target of 32 percent energy production coming from renewable ener-gies by 2030.
Already in 2018, NORD/LB had realized the financing of the construction of the solar park Don Rodrigo in Spain for BayWa r.e. This project was the first of its size to be realized entirely subsidy-free. By financing the three Italian wind farms, the companies successfully continue their long-term cooperation.
Country updates
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April 15, 2019
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April 10, 2019
Haizea Wind signs contract to build monopiles for 30 MW offshore wind project in Italy
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March 28, 2019
Fri-El Albareto reaches financial close for 19.8 MW wind farm in Emilia Romagna
Fri-El Albareto, a unit of Alerion, has reached financial close for its 19.8 MW Albareto wind farm located in Emilia Romagna, Italy. The EUR22.9 million (US$25.81 million) financing is str...
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