the diplomat · title: slide 1 author: g tselepis created date: 6/13/2013 12:38:00 pm
TRANSCRIPT
People, Planet, Profit…
Montana Group – Tg. Frumos PV
Group Structure
GEAF
100% 100%
Montana Lux Jasper Lux
Jasper Bulgaria Montana
Energy Rom
SPV1 SPV2 SPV… SPV1 SPV2 SPV…
Management Agreement
Jasper personnel is used to carry out Design, Engineering & Implementation for Montana Rom
100% 100% 100%
JASPER HELLAS
Group Profile
Project Identification & Conceptualization
Development Construction Operation
• Operations include Greece, Romania, Bulgaria in Wind and Solar Energy, Construction and Energy Services
• Bought out various international operations that gave up on Greece (e.g. Energiekontor, Tomen/Eurus e.t.c.)
• GoodEnergies, a leading global investor in renewable energy and energy efficiency industries invested in Jasper since 2006
• GoodEnergies Assets Fund (AuM €201.5 mn) is managed by GoodEnergies Capital/ Bregal Capital (Part of Cofra Group, owner
of C&A clothing shops)
• The Group operates Jasper Wind, Jasper PV, Forest Energy (energy analysis & measurement Co), Montana PV Constructions,
Montana Romania and Jasper Bulgaria
• 48 MW of Parks in Operation (Greece), 23 MW of Wind Parks and 25 MW of Solar PV Parks
• Wind: 149 MW Construction pipeline, 1,085 MW with producer permit. Total pipeline 1,722 MW (Greece), 36 MW Bulgaria
• 30.5 MW Pipeline in Romania of which 1 MW in operation and 29.5 MW in construction phase
• Over 120 MW of Solar projects under development, 25 MW in operation & owned, 12.2 MW in construction & owned
• Group business covers all stages of renewable energy projects
Group Key numbers
JASPER Hellas
• 3 operating wind parks in Greece, 23 MW • 3 parks, 36.5 MW in construction phase • 5 parks, 113 MW fully developed / fully permitted • 320 MW mature. One project is Malesina 100 MW • 1,722 MW total onshore wind pipeline • PV 92.1MW advanced pipeline, 25 MW operating, 10 MW in construction
Montana (Jasper) Bulgaria
• 12 MW PV in advanced development • 24 MW PV pipeline • 38 MW Wind in development
Montana Romania
• 30.5 MW PV fully developed, ready to built • 50 MW in development • 7 wind projects pipeline (>320 MW) • 18 MW wind advanced development
Greece
Bulgaria
Romania
Group in Romania (Montana Energy Group)
Corporate presence since 2008
PV 30.2 MW PV fully developed spread across Romania on Montana owned land (6 projects)
1 MW in construction (Tg. Frumos)
PV projects have secured transmission line access
Local offices & employees in Bucharest
Size (MW) Location Municipality
6.3 GIURGIU Stanesti
5.7 TELEORMAN Peretu
5.5 BRAILA Maxineni
6 GALATI Branistea
6 BRAILA Sdanguta
1 IASI TG Frumos
50 Other Projects
80.5 Total
Montana Energy Group – Solar Projects
Num Size
(MW) Location Municipality
Urbanism
Certificate Environmental
Terms Grid Connection
Terms Building
Permit PPA
Contract
1 6.3 Stanesti √ √ √ √ √
2 5.7 TELEORMAN Peretu √ √ √ √
3 5.5 Maxineni √ √ √ √ √
4 6.0 Branistea √ √ √ √ √
5 6.0 Stancuta √ √ √ √
6 1.0 IASI Tg. Frumos √ √ √ √ √
TOTAL 30.5
6
Montana Endless Energy – Tg. Frumos PV Plant
Financial
* The price is calculated as an average of the prices during project’s life, based on the sum of
Energy Price floor level and the price of the Green Certificates (GC) granted to the producers.
Producers are now granted with 6 GC, which may change to 4 GC during 2013
Year 1
Sources
Annual Output (kw) 1.200.000
FIT (euros per kw) 0,290
Total Income 348.000
Expenses
Operation & Maintenance 0
Insurance 6.000
Land Lease 4.907
Security 12.000
Other 17.000
Total Expenses 39.907
Gross Profit* 308.093 * Before Financial Expenses
Size 1.0 MW
Region Iasi
Municipality TG Frumos
Land size 20.000
Land Utilization Agricultural Land
Price* 290 euros/ MW
Estimated production (1st year) 1.200.000
•1 MW installed since 2012 at Iasi Location, TG Frumos Municipality
Tg. Frumos PV Plant - Development
Project Identification & Conceptualization Oct 2011 – Mar 2012
Development Apr 2012-Nov
2012
Construction Nov 2012-Mar2013
Operation Mar 2013
•Project initiated by Tg. Frumos Municipality •We sign a “Contract Concesiune” for 40 years •All permits and authorizations from the beginning •Procedure run rather smooth •Just before construction EON ask for a revise in connection contract. A new special transformer requested that was available only in Germany. 3 weeks delivery time.
Tg. Frumos PV Plant – Permits & Authorizations
Project Identification & Conceptualization Oct 2011 – Mar 2012
Development Apr 2012-Nov
2012
Construction Nov 2012-Mar2013
Operation Mar 2013
PUZ urbanism certificate no.37/24.04.2012 (for land removal from agricultural circuit) Permits : •Apavital placement permit(water system) no.25906/20.08.2012 •Apavital placement permit (sewerage system) no.25906/20.08.2012 •Placement permit E-ON (electricity) no.5926/27.08.2012 •Natural gas placement permit no.532/28.08.2012 •Waste disposal SC TERMOSERV SLUB SA permit •Phone company placement permit no.634/20.08.2012 •Fire protection permit no.978.626/13.08.2012 •Civil Protection permit no.978.627/13.08.2012 •Health Ministry permit no. 7303/28.08.2012 •Environmental agency permit no.39/10.09.2012 •Urbanism permit no.2/05.09.2012 •PUZ people consulting report no. 26564/07.09.2012 •OCPI plan, cadastral no.61115 •
Tg. Frumos PV Plant – Permits & Authorizations
Project Identification & Conceptualization Oct 2011 – Mar 2012
Development Apr 2012-Nov
2012
Construction Nov 2012-Mar2013
Operation Mar 2013
Urbanism certificate for project building permit no.120/07.08.2012 Permits: • Apavital placement permit(water system) no.30080/25.09.2012 •Apavital placement permit (sewerage system) no.30080/25.09.2012 •Placement permit E-ON (electricity) no.1000282954/13.09.2012 •Phone company placement permit no.801/19.10.2012 •Fire protection permit no.978.694/09.10.2012 •Health Ministry permit no. 8424/16.10.2012 •PUZ decision from land removal no. 20, PUZ permit no.81/2012 •Environmental agency permit no.379/18.12.2012 •OCPI plan, cadastral no.61115 •Ministry of defense permit no.D323/08.02.2013 •Culture and Monuments Agency permit no.262/14.03.2013 Building permit no.87/20.12.2012
Tg. Frumos PV Plant – Permits & Authorizations
Project Identification & Conceptualization Oct 2011 – Mar 2012
Development Apr 2012-Nov
2012
Construction Nov 2012-Mar2013
Operation Mar 2013
Connection to national grid •ATR – no. 1000286/19.09.2012 •PV park connection to national grid urbanism certificate for Montana no.13/19.02.2013 •PV park connection to national grid urbanism certificate for E-ON no.98/07.08.2012 Permits: •Environmental agency permit no.4734/17.10.2012 •National road agency permit no. 572/15.11.2012 •Notary Statement no.3240/27.11.2012 •Tg Frumos Town Hall declaration no. 29731/21.11.2012 •ATR – no. 1000286/19.09.2012 •Placement permit E-ON (electricity) no.1000282954/13.09.2012 •Ministry of defense permit no.D739/11.03.2013 •Tg Frumos Town Hall decision no. 36 Building permit for Montana connection no.86/20.12.2012 Building permit for E-ON connection no.6/19.12.2012 Operating: •Environmental agency operating permit no.68/05.04.2012
Tg. Frumos PV Plant - Construction
Project Identification & Conceptualization Oct 2011 – Mar 2012
Development Apr 2012-Nov
2012
Construction Nov 2012-Mar2013
Operation Mar 2013
•General EPC contract with Egnatia Rom Srl •3 months, including Christmas Holidays •Small delays due to winter. •Grid connection with small delays and fire-fighting •ET Solar Panels •Power One Central Inverters •Exalco double pile Metal Structures •SEPAM Transformer
PV Plant Construction – Preparation Works
PV Plant Construction – Cabling & Growding
PV Plant Construction – Pilling & Fencing
PV Plant Construction – Metallic Structure
PV Plant Construction – Panels Mounting
PV Plant Construction – Inverters & Transformer
Tg. Frumos PV Plant - Operation
Project Identification & Conceptualization Oct 2011 – Mar 2012
Development Apr 2012-Nov
2012
Construction Nov 2012-Mar2013
Operation Mar 2013
•Environmental Operation License in 3 weeks without problems ort delays •Operational License in 40 days. Small delays also due to Easter Holidays •Certification one week after operational license •O&M Contract with Egnatia Rom Srl •PPA & GCPA with Renovatio Trading •Grid dispatching and maintenance with Elsys Design (critical issue not taken into consideration from the beginning) •1 technician permanent staff for every day works •24/7 Security •InAccess software for monitoring
Tg. Frumos PV Plant - Operation
Project Identification & Conceptualization Oct 2011 –Mar 2012
Tg. Frumos PV Plant - Operation
Project Identification & Conceptualization Oct 2011 –Mar 2012
Tg. Frumos PV Plant - Operation
Project Identification & Conceptualization Oct 2011 –Mar 2012