Wind Projects
| Generation Type: | Wind |
| Project Names: | East Wind, Baia |
| Installed Capacity: | 62 MW |
| EU Green Certificate Subsidy Until: | 2028 |
| Avg Annual Power Generation: | 132,000 MWh |
Supplying clean energy to an average of 52,800 households annually. 1
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East Wind is the Trust’s largest producing asset, purchased at the end of 2017 from a major European Oil & Gas company. East Wind is located in the Black Sea region of Romania and has been fully operational since 2012. It is subject to a long-term off-take agreement for all of the energy produced and Green Certificates earned until 2028 with a credit-rated offtake party.
Developed in three stages, Baia was fully operational in 2012 and acquired by the Trust in the third quarter of 2016. Baia is subject to a long-term offtake agreement for all of the energy produced and Green Certificates earned until 2028.
Footnote:
1https://www.worlddata.info/europe/romania/energy-consumption.php