EBRD approved 2 loans for the repowering of Koudia Al Baida Park

For its renewal, Koudia Al Baida will host 20 wind turbines, with an individual output capacity of 5 MW

As expected, the European Bank for Reconstruction and Development has approved two loans, totaling 48.5 million euros, to co-finance the repowering of the Koudia Al Baida wind farm, the cost of which amounts to 130 million euros. The works will last 20 months to double the capacity to 100 MW, with commissioning scheduled before the end of 2023.

It is done. The European Bank for Reconstruction and Development (EBRD) has just granted two loans, totaling 48.5 million euros, to co-finance the repowering of the Koudia Al Baida wind farm. This is financing in the form of a senior loan of 35 million euros, in addition to a subordinated loan of 13.5 million euros in favor of this strategic project led by Masen (Moroccan agency for Sustainable Energy) and EDF Renouvelables (Morocco). The works will take place over a period of 20 months with commissioning scheduled before the end of 2023. The investment cost amounts to 1.06 billion DH for the construction phase and approximately 29 million DH per year for the operating phase, ie the equivalent of 130 million euros, covered up to 37.3% by the EBRD. The project will be co-financed by several Moroccan banks: Attijariwafa bank, Banque Centrale Populaire, Bank Of Africa and Société Générale Maroc. Koudia Al Baida was commissioned in 2000 by the National Office for Electricity and Drinking Water (ONEE) with a capacity of 50 megawatts (MW) based on 84 wind turbines.

Compagnie éolienne du Détroit (CED), a subsidiary of the Futuren group (formerly Theolia), operates the wind turbines of this project located in the Tlat Taghramt region near Tangier. Through a project currently being developed by Masen in partnership with Futuren (a subsidiary of the EDF Renewables group), its capacity will be increased to at least 100 MW, using repowering, a continental first and in the MENA (Middle-East) region. East/North Africa). Repowering involves the dismantling of existing turbines to replace them with new generation wind turbines with higher efficiency. Thus, Koudia Al Baida will host 20 wind turbines, with an individual output capacity of 5 MW, will produce a total power of 100 MW, for this first phase of repowering. The wind turbine blades will be produced in the Siemens Gamesa factory in Tangier. The masts will also be produced in Morocco and transported to the project site. The nacelles will be imported via the Tangier Med port.

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