667d8570ab810de921ee4095 Copenhagen Infrastructure Partners Buys 125 Wind T

Copenhagen Infrastructure Partners buys 125 wind turbines from GE Vernova

June 27, 2024
700-million-euro contract will supply turbines at the Teruel wind project in Spain
Copenhagen Infrastructure Partners announced May 28 that GE Vernova's Onshore Wind division will deliver, install, commission and service 125 of GE’s 6.1-158 wind turbines worth more than 700 million euros at the Maestrazgo cluster of CIP’s Teruel wind project. Expected to become the largest wind farm in Spain, Teruel has an installed capacity of approximately 760 MW, and is expected to reduce CO2 emissions by 320,000 tonnes per year. GE Vernova previously supplied CIP with 490 MW of onshore wind power in Aragon, Spain.
CIP plans to spend about 1 billion euros to build this wind farm, and spend another 1.4 billion euros on lifetime operations and maintenance, according to a socioeconomic impact report by an independent consultant. The project is expected to help provide more than 3,540 jobs, about 400 million euros in taxes, and enough electricity to power approximately 570,000 homes per year.
“The Maestrazgo cluster is expected to have a positive socioeconomic impact on job creation and on the Aragonese and Valencian economies, and also on the value chain of the Spanish wind industry,” says Nischal Agarwal, partner at CIP. “The expected impact of investment and job creation figures make the Teruel project a benchmark for the sector in Europe."
The project will benefit from GE Vernova's presence in Spain, where it has more than 4.3 GW of operating assets, an engineering excellence center in Barcelona, and two blade-production facilities. Specifically, blades for the 125 wind turbines will be manufactured at its factory in Les Coves de Vinromà, Castellón. Towers for the turbines are expected to be manufactured at other companies' Spain-based plants in Albacete, Burgos and Galicia.
“We’re delighted to again support CIP to bring more wind power online to meet Spain's ambitious renewable energy targets and continue to contribute to the Spanish wind industry,” adds Vic Abate, CEO of GE Vernova Wind. “This agreement reinforces how we can use our workhorse product strategy to provide our customers with proven technology that enables them to build high-quality, high-performance fleets at scale to meet the demands of the energy transition.”
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Jim Montague | Executive Editor

Jim Montague is executive editor of Control.