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Newsletter July 2012

INVESTMENT NEWS

Enel Green Power Launches Four Photovoltaic Plants

Enel Green Power has launched four new photovoltaic plants in the Peloponnese region for an installed capacity of 17.4 MW.

Enel Green Power has launched four new photovoltaic plants in the Peloponnese region for an installed capacity of 17.4 MW, in addition to the first 2 MW plants launched in the country by ESSE, the equal share joint venture with Sharp.

Enel Green Power is consolidating its position in the Greek photovoltaic market through the launching of four new plants, all located in the Peloponnese region. With the entry into service of these new power plants Enel Green Power’s total installed capacity in Greece reaches 245.4 MW.

The first plant is the “Agrilia Baka” PV plant which is located in the area of Messinia. It has an installed capacity of 4.9 MW and is able to generate 7 million kWh/year.

The 4.9 MW “Kavasila” plant is located in the western part of the Achaea region. The fully operational plant is expected to generate approximately 6.5 million kWh annually.

The third PV plant, “Limnochori”, which has just entered into operation, has an installed capacity of 4.8 MW and will be able to produce approximately 6 million kWh/year.

The fourth new EGPH PV plant is located in Corinth and has an installed capacity of 2.8 MW. The fully operational plant is expected to generate about 3.5 million kWh/year.

The start of operations at these new plants will prevent emissions into the atmosphere of over 23 thousand tons of CO2 per year.

ESSE - the equal share joint venture between EGP and Sharp for the development of photovoltaic projects in the Mediterranean – has commenced operations at two plants for a total installed capacity of around 2 MW. They are the Marco and Marini facilities located in the Karditsa region, which will annually produce more than 2 million kWh, avoiding emissions into the atmosphere of over 650 tons of CO2 per year.

Enel Green Power is already present in the Greek renewables industry. EGP’s wind farms, with a total installed capacity of 199 MW, are mainly located in Thrace, but also in Macedonia and Peloponnese, as well as on the islands of Evia, Crete and the Dodecanese. In addition, EGP operates small hydro plants in central Greece, western Greece and Thessaly, with a total installed capacity of 19 MW. With the new photovoltaic plants, the Italian renewable Group’s installed capacity in the Greek photovoltaic sector reaches 27.4 MW, to which the 2 MW put in operation by ESSE are added.

June 19, 2012
Source:
http://www.enelgreenpower.com/

Photovoltaic licenses by GAIAOSE
Licenses for photovoltaic projects of approximately 32 MW held by GAIAOSE will be made available in three units to make the three special purpose subsidiaries more attractive, for which it has already announced a tender.

Each one of the companies GAIAOSE PV LARISA S.A., GAIAOSE PV ATTICA & BIOTIA S.A. AND GAIAOSE PV KARDITSA S.A., will be making available licenses from the Regulatory Authority for Energy of approximately 10 MW, as it was deemed difficult to find one and only investor for the total number of licenses.

International Tender for the Marina of Chios Island
The Greek Ministry of Culture and Tourism (General Secretariat of Tourism) has launched an International Open Public Tender for the selection of the operator of the Tourist Port (Marina) of Chios in the Aegean Sea.
The contractor will undertake the completion of all required work and provisions in order to fully operate and manage the Marina over a 40-year period.
Read more about the tender here.

International Tender for the Argostoli Marina, Kefalonia Island
The Greek Ministry of Culture and Tourism (General Secretariat of Tourism) has launched an International Open Public Tender for the selection of the operator of the Tourist Port (Marina) of Argostoli on Kefalonia Island in the Ionian Sea.
The contractor will undertake the completion of all required work and provisions in order to fully operate and manage the c 190-berth Marina over a 40-year period.
Read more about the tender here.