ACCIONA Energía, a subsidiary of Acciona, a Spanish renewable energy company, plans to build two wind farms in Croatia. The two wind farms are the 45 MW-capable Boraja II and the 27 MW Opor wind project. Their construction is tied to a 12-year Contract for Difference (CfD) signed with Croatian energy and gas regulator HROTE.
The CfD was selected through a competitive bidding process and is a component of a scheme by the Croatian government and HROTE to increase the generation of renewable electricity. As per the company’s statement, the two projects will cost close to $102.3 million. The projects will be situated in the Split-Dalmacia and ibenik-Knin regions, where ACCIONA Energía has operated the 30 MW Jelinak wind farm complex since 2013.
In June 2022, ACCIONA Energía purchased a 24 per cent investment in Eolink, a French start-up that creates floating foundations for offshore wind farms. Acciona Energía invested in Eolink by taking part in the French company’s financing round. No financial terms or other details of the investment have been disclosed by the company. Furthermore, the revenues from the financing round will be used by Eolink to improve its floating offshore wind technology and commercialise its first 5 MW unit.