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Utility Gaz de France adds another 37.5 MW to its wind portfolio
1 February 2008
Gaz de France (GDF) added another 37.5 MW to its small but growing wind power portfolio with the purchase of the Haute-Lys installation commissioned in 2004 in north-west France. The company paid an undisclosed sum to the joint owner-operators, Sofinerg and the Paris-based independent power producer Séchilienne-Sidec, which held 60% and 40%, respectively. Séchilienne-Sidec said the sale generated a net capital gain of EUR 13 million, which the company will reinvest in its pipeline of thermal, wind and photovoltaic power projects amounting to 550 MW in Europe and France's overseas territories. The company has 32.5 MW of wind power in France, with a further 10 MW building this year and 160 MW at various stages of development. Séchilienne-Sidec's target is to commission 15 MW a year. The purchase of Haute-Lys follows hot on the heels of GDF taking a majority stake in the developer and operator, Erelia, at the end of last year (Windpower Monthly, November 2007). The utility's total installed wind capacity now stands at 119.5 MW and will increase to 145 MW as plant now building come on stream.
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