Through our partner’s extensive network, we received a request to help in finding a buyer for a biomass power plant with a total capacity of about 9,5 MW, built-in one of the Western Balkans countries.
The owners of the power plants signed an annual contract with the government on the sale of electricity for 14 years under the withdrawn conditions. The contract also covers cooperation with the national forest administration, according to which this company annually owns 80,000 tons of wood residues.
The power plant operates about 90% per year, and the capacity on that basis has generated an annual income of about 12 mils. EUR.
The lifespan of the power plant is 30 years, currently employs about 50 workers, and the total investment has reached 50 mils. EUR.
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