Las Majas III is a 34.471MW onshore wind power project. It is located in Aragon, Spain. The project is currently active. It has been developed in single phase. The project construction commenced in 2018 and subsequently entered into commercial operation in December 2019.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Onshore 34.471 34.471 – Active Aragon, Spain ENGIE Espana SLU; Forestalia Renovables

Description

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The project was developed by ENGIE Espana SLU and Forestalia Renovables. Mirova, GE Energy Financial Services, ENGIE Espana SLU and Forestalia Renovables are currently owning the project having ownership stake of 51%, 25%, 15% and 9% respectively.

The project cost is $53.499m.

The project has 85m high towers.

Development Status

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The project is currently active. The project construction commenced in 2018 and subsequently entered into commercial operation in December 2019.

Power Purchase Agreement

The power generated from the project is sold to ENGIE Espana SLU under a power purchase agreement for a period of 12 years, starting from 2019.

Contractors Involved

GE Renewable Energy was selected as the turbine supplier for the wind power project. The company provided 9 units of 3.8-130 MW turbines, each with 3.83MW nameplate capacity.

GE Renewable Energy is the O&M contractor for the wind power project, commencing from the year 2019.

The rotor blades have been supplied by LM Wind Power Holding. The blade length is 130.000m.

About Forestalia Renovables

Forestalia Renovables SL (Forestalia Renovables) is a renewable energy company that operates biomass and renewable energy projects. The company generates energy from renewable energy projects such as biomass, wind and photovoltaic, pellets and chips, and energy crops. It generates electricity using biomass and fuel thermal energy using chip and pellets. Forestalia Renovables also generates electricity through its wind farms. The company produces energy crops with plantations in Spain, France and Italy. It operates its biomass electricity projects in Cubillos del Sil, Monzon, Lebrija, Zaragozanas, Zeura and Erla, Spain. Forestalia Renovables is headquartered in Madrid, Spain.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.