Siroco Capital SCR, managed by Talenta, takes part in the €60 million investment to modernize the Colladetes wind farm.
The company that owns the plant, which is one of the oldest in Catalonia, will replace its 54 wind turbines with six new ones with greater capacity and will install two more in an adjacent park.
The race launched in Catalonia to recover lost ground in the development of renewables does not depend solely on the authorization of new parks, but also on the upgrading of the oldest installations.
This is the premise behind the project initiated by the company Enervent to repower and expand the Colladetes wind farm, in El Perelló (Tarragona), which began operating in 1999, making it one of the first in the region.
Colladetes has an installed capacity of 35.64 MW and has 54 wind turbines originally manufactured by Gamesa. Enervent has now begun dismantling them to replace them with six new, larger and more powerful turbines, supplied by General Electric.
The current 54 units are 45 meters high and have a rotor diameter of 47 meters, while the new wind turbines, each with a power of 6.1 MW, are 120 meters high and have a rotor diameter of 158 meters, according to Enervent.
At the same time, the company has received approval to start up an adjacent wind farm of up to 15 MW, which will include two wind turbines of the same characteristics. In total, Colladetes will reach an installed capacity of 48.8 MW with just eight turbines.
The repowering and expansion works are part of a single construction project that began last July and is expected to be completed by next summer.
Financing
In total, the investment to be carried out by Enervent in Baix Ebre amounts to 60 million euros, a cost that the company will cover through a project finance operation signed with Banco Sabadell and the Institut Català de Finances (ICF).
The main shareholders of Enervent, with 66% of the capital, are the park’s promoters: businessman Joan Fages (23%), one of the pioneers of renewables in Catalonia, and the Sans family (43%), former owners of the underwear brand Abanderado. The remaining 34% belongs to Siroco, a venture capital firm focused on renewables, managed by the Barcelona-based financial services firm Talenta.
Until 2016, the energy company was partly owned by the Government of Catalonia through the public holding Avançsa.
Revenue and profits
In 2023, the latest available year, Enervent recorded a turnover of 4.07 million euros and achieved a net profit of 1.44 million, which the company, chaired by Santiago Sans, allocated entirely to reserves.