KGAL buys Seine Rive Gauche Nord wind farm project in France

KGAL Group-managed institutional Fund Enhanced Sustainable Power Fund 3 (ESPF 3) has acquired the Seine Rive Gauche Nord (SRN) wind farm project from the H2air Group and Nordex.

The 75MW turnkey wind project, which consists of 30 Nordex N100 wind turbines of 2.5MW capacity each, is located at Aube in Champagne-Ardenne, northern France.

H2air’s subsidiary H2airPx and Nordex are constructing the project, the last turbine of which will become operational in May 2015.

For the project, a dedicated transformer substation is being constructed that will establish a direct grid connection to the high voltage RTE Transmission network.

Once completed, the wind farm will generate 183 million kWh of electricity, enough to power around 50.000 households in France.

H2air’s subsidiary H2airGT is responsible for the technical and administrative management of the wind farm.

Nordex management board member Lars Bondo Krogsgaard said the SRN wind farm project is one of the largest internally developed projects.

"And, for another, it underscores the good cooperation via important partnerships in France and Germany," Krogsgaard added.