BayWa r.e. starts generating power at 48-MW wind park in Italy

San Lupo wind farm in Italy. Image by: BayWa r.e. (www.baywa-re.com)

September 16 (Renewables Now) - BayWa re renewable energy GmbH said Monday its 48-MW San Lupo onshore wind farm in Italy started generating electricity.

The new park, featuring 16 units of Vestas V117 3-MW wind turbines in the Campania region, will feed its power to the national grid. The renewables arm of German diversified group BayWa AG (ETR:BYW6) said it will continue to operate and maintain the asset.

In the neighbouring Lazio region, BayWa AG r.e. built the Arlena and Tessennano wind parks totalling 18 MW and commissioned them last year.

The German firm secured upwards of EUR 100 million (USD 110.5m) in financing from NORD/LB Norddeutsche Landesbank for the 66-MW wind portfolio in Italy.

(EUR 1.0 = USD 1.105)

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