A total of 62 wind energy turbines made by Siemens Gamesa Renewable Energy (SGRE) will be built in the next two years at the two sub-sites of the project, Blodrotberget and Blackfjället, north-west of the Swedish city of Umeå.
Prime Capital will install and manage the Stavro project on behalf of a consortium. Construction activities kicked off in March 2019 and completion of the project is scheduled for late 2021. The project is financed by DekaBank, which commissioned TÜV SÜD to act as lender's technical advisor (LTA) and carry out comprehensive assessment of the technical basis of the project. This includes assessment of wind conditions and energy yields, project design and grid connections, technical review of construction contracts and construction setup, technical review of operations contracts – giving particular consideration to the already concluded power purchase agreements (PPA) and operational expenditures (OPEX) – and risk assessment of capital expenditure (CAPEX) and the construction schedule.
