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Jordan

Jordan

Gamesa awarded 86MW Al Rajef project

JORDAN: Spanish companies Gamesa and Elecnor have been handed an EPC contract by Jordan's Green Watts Renewable Energy to build the 86MW Al Rajef project in the southern Ma'an governate.

Gamesa's G114 turbine will be installed at the project in Jordan
Gamesa's G114 turbine will be installed at the project in Jordan

Gamesa will deliver 41 of its G114 2.1MW turbines autumn 2017 on a turnkey basis, with commissioning slated for late 2018. The contract also includes operation and maintenance services for a 20-year period.

The project will cost around $185 million. 

Debt finance is being provided by the European Bank of Reconstruction and Development to the tune of $70 million, backed up by loans of $50 million from Proparco and $19.4 million from the German Investment and Development Corporation (DEG).

Al Rajef was developed by Green Watts, a subsidiary of Dubai-based Alcazar Energy, under the first round of Jordan's renewable energy feed-in-tariff programme.

Green Watts signed a 20-year power purchase agreement with national utility NEPCO in 2015, but the project has been held up because of lack of grid capacity.

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