Eolus and PNE start co-developing offshore wind in Latvia
19 Janeiro 2023 - 4:00AM
Eolus and PNE start co-developing offshore wind in Latvia
JOINT PRESS RELEASE EOLUS /
PNEHässleholm / Cuxhaven 2023-01-19
Eolus and PNE have created a joint venture for
developing the Kurzéme offshore wind project in Latvia. The wind
farm will have approximately 1,000 MW installed capacity with
planned commercial operation start before 2030.
The project area is located in the Baltic Sea outside the west
coast of Latvia and the wind farm will have potential to generate
4,5 TWh renewable electricity per year. Eolus has conducted
initial studies and developed the project since 2020 and is now
adding resources and competence to the project through the
cooperation with the German wind developer PNE. As of 18 January,
PNE has acquired 50 percent of the shares in the project company
SIA Kurzéme Offshore, which is now owned 50/50 by Eolus and
PNE.
“We have been active in the Baltics for more than ten years and
have a solid project portfolio. We see great potential in the
Baltic countries, where we are now scaling up our business. PNE is
an experienced and competent offshore wind developer, and we look
forward to cooperating with them in the Kurzeme project. Together
with Eolus’ strong development skills we have great pre-requisites
to make this a successful project”, says Per Witalisson, CEO of
Eolus.
“We are keen to bring in our long-term offshore wind experience
and know-how to this partnership. Jointly with Eolus as reliable
partner, we expect to develop the project successfully. The
acquisition of the 50 percent stake in SIA Kurzéme Offshore is
a further step in our strategic development in becoming a Clean
Energy Solutions Provider. This expands our "pipeline" of offshore
wind projects to the Baltics. We see further attractive prospects
for our activities in this area and look forward to working with
our new partner" explained Markus Lesser, Chairman of the Board of
Management of PNE AG.
Application for the project has been submitted and surveys for
the Environmental Impact Assessment (EIA) will be conducted once
research license is obtained. The area is subject to an upcoming
tender process.
For further information, please contact:
Eolus Vind AB:Per Witalisson, CEO, +46 (0)702
65 16 15per.witalisson@eolusvind.com
Karin Wittsell Heydl, Head of Communications &
Sustainability, +46 (0)761 16 71 99karin.heydl@eolusvind.com
PNE AG: Alexander Lennemann, Corporate
Communications, +49 (0)4721 – 718-453
Alexander.Lennemann@pne-ag.com
Christopher Rodler, Investor Relations, +49 (0)40 -
87933-114Christopher.Rodler@pne-ag.com
About EolusEolus is one of the leading
developers of renewable energy in the Nordics and we are active in
the whole value chain from development of green field projects to
construction and operation of renewable projects. We offer
attractive and competitive investments in the Nordic and Baltic
countries, Poland and the United States. Founded in 1990, Eolus has
constructed 666 wind turbines with a capacity of 1 414 MW. Eolus
has signed contracts for 1,580 MW of asset management services of
which 912 MW are in operation.
Eolus’ Class B share is traded on Nasdaq Stockholm Mid Cap. For
further information, please visit www.eolusvind.com.
About the PNE Group The internationally
operating PNE Group is listed on the SDAX and, with its brands PNE
and WKN, is one of the most experienced project developers of
onshore and offshore wind farms. Based on this success, the Group
has developed into a "clean energy solutions provider". From
initial site exploration and implementation of approval procedures
via financing and turnkey construction to operation and repowering,
the company's services encompass all phases of project development
and operation. In addition to wind energy, the company's range of
offers includes photovoltaics, electricity storage, service
products and the supply of clean electricity. PNE is also focussing
on the development of power-to-X solutions.
PNE AG, Peter-Henlein-Straße 2-4, 27472 Cuxhaven.
Internet: https://www.pne-ag.com/en
- 230119 Eolus and PNE start co-developing offshore wind in
Latvia
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