|The THEOLIA Group signs a contract with Vestas for 35 turbines in Italy (2008/11/10 07:30 AM)|
The THEOLIA Group ordered 35 units of the Vestas V52-850 KW turbine for the Giunchetto project in Italy. This 29.75 MW project is located in the province of Enna in Sicily. The contract includes supply and installation of the turbines, a VestasOnline™ Business SCADA system, as well as a service and availability agreement for five years.
The order has been placed by the energy company Aerochetto s.r.l, Maestrale Green Energy, THEOLIA's subsidiary in Italy. Delivery for the project is scheduled to start in the second half of 2009 and the project is planned to be completed by year end 2009.
Carlo Durante, CEO of Maestrale Green Energy, said: “We actively pursue our development in Italy, commissioning the first wind farm in 2009. The THEOLIA Group thus extends its existing portfolio of operating wind farms into one of the countries in Europe with the most attractive tariff rates and investment returns.”
With a total estimated annual production of approx 64 GWh, the Giunchetto project will be able to satisfy the energy needs of more than 26,700 Italian households and will save the environment from approximately 26,000 tons of CO2 emissions per year.
About MAESTRALE GREEN ENERGY
For more information
French Société Anonyme (public limited company with Board of Directors) with share capital of €38,945,804
Registered office: 75 rue Denis Papin BP 80199 - 13795 Aix-en-Provence cedex 3 - France
Tel : +33 (0)4 42 904 904 – Fax : +33 (0)4 42 904 905 - www.theolia.com
THEOLIA is listed on the compartment B of Euronext Paris, code: TEO
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