Professio Energia and Danske Commodities sign PPA for Croatian wind parks to leave FIT scheme

Effective as of 1 August 2022, Danske Commodities will provide route-to-market services for two onshore wind parks, ZD 6 and ZD 2 & 3, which are located in Croatia’s Dalmatia region. The wind parks have a combined capacity of 46 MW and an average yearly electricity production of 141 GWh total. They are among the first wind parks in Croatia to voluntarily leave the FiT subsidy scheme.

“The ZD 6 and ZD 2 & 3 parks were among the first wind projects ever built jointly by Professio Energia. They have supplied renewable energy to Croatian households for more than ten years and we are proud that they are among the first in Croatia to voluntarily leave the FiT subsidy scheme. By entering a route-to-market PPA with an experienced trading company like Danske Commodities, we hope to increase the value and competitiveness of the assets even further,” said Mario Klarić, CEO at Professio Energia.

“We are pleased to announce our partnership with leading renewables developer Professio Energia for non-subsidised assets. Danske Commodities has a strategic aim to increase the value of renewable energy, making it able to compete on market terms. This is key to succeeding with the energy transition,” said Tor Mosegaard, VP, Head of European Power Trading at Danske Commodities.

In December 2021, Danske Commodities signed the first post feed-in PPA to be consumed in Croatia between two non-state market participants, marking a new chapter in the energy transition of the Balkans.

“Danske Commodities has traded energy in Croatia for more than a decade and we now provide energy market services to the majority of the country’s balancing group members,” said Mosegaard, and he concluded:

“Together with ambitious renewables developers like Professio Energia, Danske Commodities wants to set a standard for more deals to be made across the Balkan region, so we can drive the energy transition forward.”

The ZD 6 and ZD 2 & 3 wind parks are owned by EKO Ltd and Velika Popina Ltd, which are joint ventures between Professio Energia (50%) and ENCRO (50%).

FACTS ABOUT THE WIND PARKS

• Assets: ZD 6 and ZD 2 & 3 (built as one park)
• Location: Dalmatia region, Croatia
• Installed capacity: ZD 6 has a capacity of 9.2 MW (average yearly production of 26 GWh) and ZD 2 & 3 have a combined capacity of 36.8 MW (average yearly production of 115 GWh)

ABOUT PROFESSIO ENERGIA

Professio Energia PLC is the first Croatian public listed company focused on development, implementation, and long-term management of renewable energy projects, with a Zagreb stock exchange quotation. It is owned by largest Croatian institutional investors, pension funds and insurance companies. With a combined development and operational project portfolio of more than 300 MW, Professio Energia is one of the leading renewables developers in Croatia.

ABOUT DANSKE COMMODITIES

Danske Commodities is an energy trading company that specialises in short-term power and gas trading and offers balancing, optimisation and hedging services to energy producers and suppliers. The company is active in 40 countries and is a wholly-owned subsidiary of Norwegian energy company Equinor, operating under its own name and brand.

MEDIA CONTACT AT PROFESSIO ENERGIA

Mario Klarić, CEO
Mobile: +38517707734
E-mail: mario.klaric@professio.hr
Website: www.professio.hr



MEDIA CONTACT AT DANSKE COMMODITIES

Mads Schmidt Christensen, Head of Strategy & Communications
Mobile: +45 2794 2249
E-mail: msc@danskecommodities.com
Website: www.danskecommodities.com