Norwegian Project Tonstad Gets Green Lights

Wind Industry Profile of

ENGIE and SUSI have signed the financing agreements for Project Tonstad, a 208 MW wind farm in Norway selling power under a 25-year offtake agreement with aluminium producer Hydro.

Project Tonstad is located in the municipalities of Sirdal and Flekkefjord in the South of Norway and will have a capacity of 208 MW consisting of 51 turbines supplied by Siemens Gamesa Renewable Energy. Once operational, the wind farm will be one of the largest in Norway, and will sell all energy produced to Hydro Energi, a wholly-owned subsidiary of the Norwegian aluminium producer Hydro. The annual production will be around 0.7 TWh, and will save approximately 180,000 tons of CO2 emission, compared to the average European emission per KWh1. ENGIE developed the project and... ... More: Official Press Release ENGIE

Keywords:

ENGIE, SUSI, Norway, wind farm, construction, financing, investor