Winds of Change

Gecama, Spain

Project Facts & Information

  • The largest onshore wind farm in Spain to-date, with ~312 megawatt (MW) capacity
  • 65 turbines, selected for their efficiency suitability to the project site
  • Turbine service agreement with guaranteed availability
  • Expected to reach financial closing and begin construction by mid Q1 2020
  • High capacity factor
  • Strong on-site wind data gathering and analysis
  • Construction risk is mitigated by top-tier contractors selection
  • The Gecama project is fully insured

Location

The Gecama wind farm is located in Castilla La-Mancha, Spain. The project site was chosen due to its high, stable wind levels and availability of grid interconnection. The Spanish government's new decarbonizing policy targets a 100% renewable energy electricity system by 2050, with goals that outstrip those adopted by the EU and a ban on new gas and oil exploration.

Our Strategic Partner

Enlight Renewable Energy Ltd. is Novasec’s partner in Gecama, in charge of the project's development. Enlight stands at the forefront of the renewable energy revolution, and is a publicly traded company on the Tel Aviv Stock Exchange. Enlight specializes in the initiation, development, financing, construction, management and operation of renewable energy projects such as wind and photovoltaic systems. Operating at a large scale both locally and globally, the company has a project portfolio of 1.3 gigawatt (GW).

Since its founding, the company’s global operations have grown at an accelerated pace. Its senior executive team brings vast experience and expertise in the initiation and management of complex projects, with a clear track record of success in development, engineering and financing. With renewable energy taking a fast-growing share of the energy market, the company’s experience, combined with the right business model, execution capabilities and financial security, position it as a leading developer in the global energy market.