Categorized | Alternative Energy, Business

KGAL Acquires Stake in French Wind Farm

KGAL Group, through its Enhanced Sustainable Power Fund 3 (ESPF 3), has acquired interest in the Seine Rive Gauche Nord (SRN) wind farm project that is being developed by H2air Group and Nordex Group.

H2airPx, a subsidiary of H2Air, and Nordex are responsible for the turnkey construction of the wind farm located in Aube, the Champagne-Ardenne region in northern France. H2air’s another subsidiary H2airGT is responsible for technical and commercial operations management at the wind farm.

The wind farm includes 30 Nordex N100 wind turbines of 2.5MW each. Construction on the 75MW wind farm is currently in progress and commissioning of the last turbine is planned for May 2015.

H2air and Nordex are also constructing a dedicated transformer substation that will establish a direct grid connection to the high voltage RTE Transmission network.

In July 2013, H2air and Nordex were awarded a €3.5m contract to Crompton Greaves (CG) to design, engineer, supply, install and commission a substation at the Seine Rive Gauche Nord wind farm. CG was also responsible for upgrading/building the overall electrical system. The project is scheduled for completion by mid-2014.

H2air president Roy Mahfouz said, “The success of the emblematic SRN wind farm is a testament to the company’s dedication and its sincere cooperation with both local and corporate partners. The result of which is a unique project that contributes to both French and European ambitions in the development of renewable energy.”

When completed, the wind farm will have an annual electricity output of 183GWh, which is enough to power approximately 50,000 households.

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