Enel reaches financial close on 180MW Morocco wind farm

Shell joins Global Wind Energy Council
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Enel Green Power and Nareva, the independent Moroccan power producer, have reached financial close and are set to start construction of  180MW wind farm in Midelt, Morocco.

The new wind farm, the first of the wind farms included in the €1 billion 850 MW Projet Éolien Intégré, is expected to be completed in 24 months.

“With this first, important step that we are taking today, Enel Green Power will support Morocco’s energy demand and help the country meet its objective to increase power generation from renewables, as announced in its Domestic Energy Strategy,” said Antonio Cammisecra, Global Head of Enel Green Power.

Saïd El Hadi, CEO of Nareva, added: “The 850 MW Projet Éolien Intégré is a project that will enable Morocco to make significant progress in meeting its energy strategy.”

Once the Midelt wind farm enters into service, the electricity produced will be sold to ONEE on the basis of a 20-year PPA.

The Midelt facility is expected to produce the same amount of energy required to power a city like Agadir, with 500,000 inhabitants, as well as avoiding the annual emission of about 400,000 tonnes of CO2 into the atmosphere.

From the beginning of the plant’s construction, and throughout its operation, the Midelt wind farm is set to contribute to the economic and social development of Morocco, and particularly that of the Midelt region, notably in terms of job creation and use of local services.

The Projet Éolien Intégré marks a turning point in Morocco’s national energy strategy, aimed at meeting the country’s growing demand for electricity, at competitive prices while complying with Morocco’s sustainable development goals.