PRESENTATION WATCH THE VIDEO FY20 FINANCIAL RESULTS DOWNLOAD PDF 2020 SUSTAINABILITY REPORT BUSINESS PLAN WATCH THE VIDEO 2019-2023 BUSINESS FIND OUT MORE DIVISIONS WE CARE ABOUT YOU AND YOURS WATCH CORPORATE VIDEO WE ARE GREENALIA -MEET US- About Greenalia Business divisions Shareholders & investors Sustainability Press Careers LATEST NEWS SUSTAINABILITY GREENALIA TO PARTNER WITH THE A CORUÑA BASKETBALL CLUB AS PART OF ITS SCHOLARSHIP PROGRAM FOR YOUNG PEOPLE AT RISK OF SOCIAL EXCLUSION30/03/21The renewable-energy production company has signed an agreement with the sports club, through which it will cover the costs of sports training for twenty at-risk young people. This initiative comes as part of the company’s CSR policy, through which it has partnered with various programs providing socio-educational support to young people in the regions in which it operates or plans to launch projects. The Greenalia company will join forces with the Básquet Coruña basketball club as part of its social-action plan, for which the company will provide twenty training scholarships aimed at young people at risk of social exclusion. Through this initiative, the renewable-energy producer will pay this A Coruña club the training costs (enrolment, equipment and fees) for this student. With this grant, as established in the agreement, Greenalia hopes to do its part to support socio-educational and integration plans for at-risk families. As such, the company continues to support initiatives as part of its annual CSR plan, through which the company supports the development of inclusive actions in the environments in which it operates. The director of corporate development and sustainability, Beatriz Mato, highlights the role of sport in efforts to ensure social integration “through the values of effort, companionship and teamwork it conveys and which are so vital for people’s daily lives”. Greenalia continues to offer its firm support dedicated to struggling families, particularly during the economic crisis caused by the pandemic. This school year, more than 600 grants have been awarded for school supplies to support families in difficulty – a program carried out in partnership with the municipalities in which Greenalia has launched projects. As part of the CSR plan, the company has also partnered with Cáritas for the collection of toys for its Christmas campaign and in its Educa program, to which nine laptops were donated. Now, the company wants to go further, providing access to sport for young people in difficulty. For their part, Básquet Coruña has thanked Greenalia for its work and strong values in taking over the baton from the Emalcsa Foundation, with a contribution that will “allow Básquet Coruña to continue in this important social-integration work launched three years ago, through which boys and girls at risk of social exclusion may continue to practice their favorite sport, for free”. About the Básquet Coruña Basketball Club Básquet Coruña, founded in 1996, is the leading club across the city and its region, with the largest pool of young players in Galicia (558 licenses registered in the Galician Basketball Federation, with 41 teams, and 224 children practicing the sport through seven basketball schools in the 2019-2020 season). Throughout each season, the club carries out a wide range of initiatives to promote basketball, involving more than 2,000 young people. ... Read more...THE BOND OF 55 MILLION EUROS ISSUED BY GREENALIA OBTAINS THE MAXIMUM RATING FROM STANDARD & POOR’S IN ITS GREEN EVALUATION29/01/21Last December the company successfully completed a five-year senior bond issuance intended to bolster its investment plan. Greenalia has just obtained 135 MW of wind power capacity from the renewable energy auction held this week by the Spanish Ministry for Ecological Transition. The 55 million euros bond issued last December by Greenalia in MARF (Spanish Alternative Bond Market) has obtained a B1 rating from the S&P Green Evaluation, the highest of the four possible levels, with E4 being the lowest. The rating was achieved after the operation was evaluated over three key areas: transparency, governance and mitigation. The rating agency’s evaluation report confirmed that their weighted sum gave a result of 76 points. It should be noted that the issuance of 55 million euros of senior bonds on the MARF last December was completed successfully. The nominal unit amount for each bond, intended for qualified investors, was 100,000 euros, with a maturity date of 5 years and a coupon of 4.95%. The issuance was able to achieve its initial objective with support from institutional investors and the company’s two main shareholders (Manuel García and Jose María Castellano). This is the 4th green bond issued by the Company: the first was issued in Spain and the other three in Luxembourg. Greenalia continues to consolidate itself as a benchmark company for these types of issuances and secures its position as a leading SME in these types of operations. The funds obtained through this operation, which just achieved the highest green bond rating from Standard & Poor’s, will be used to cancel the three existing bonds on the Luxembourg Stock Exchange (MTF) and other loans, in addition to continuing development of the company’s portfolio of renewable energy projects.... Read more...GREENALIA CLOSED 2020 REINFORCING ITS SUSTAINABILITY AREA AND ITS ESG POLICIES29/12/20The producer of renewable energy launched a specific department for these areas and social actions were promoted in the municipalities where projects are being undertaken. In 2020, the company began the implementation of its First Diversity, Equality, and Inclusion Plan which includes more than 20 goals to advance equal opportunities. Currently, it is working on the Second Sustainability Report and the revision of the Strategic Sustainability Plan to adapt it to the new SDGs. The promotion of sustainability in the ESG (Environment, Social, and Corporate Governance) framework has been one of the axes around which the work of the new Sustainability Department at Greenalia has revolved. An area created during 2020 with the objective of sustainability and CSR being present in a cross-cutting way in all the projects developed by the company and to continue the path taken in previous years in which the Strategic Sustainability Plan was developed, which has been the company’s road map in this area. The producer of renewable energies has placed special emphasis on the promotion of social support programs in those regions where it is undertaking business projects. Thus, considering the difficulties brought on by COVID-19, agreements were launched with five Galician municipalities (4 on the Costa da Morte and one in Lugo) to support families in the return to school during the 2020/21 school year. To this end, agreements were signed with local governments through which financial aid was established for the purchase of school supplies that benefited 500 families with minors. In educational matters, there was also the agreement signed with Cáritas Coruña last November which governed the donation of laptops for the FamiliaEduca program managed by said NGO. These initiatives have served as a preamble to what will be the Greenalia Foundation for Energy Transition, an entity which is in the process of being established. With its startup, Greenalia will undertake social, inclusion, and equality projects in the environments where it works. In addition, with the aim of continuing to advance Corporate Governance Policies, a compliance action plan is being worked on in line with ESG standards and with the aim of incorporating the best practices of the market for the entire team. Internally, talent management and cybersecurity actions have been strengthened. In terms of the environmental aspect, we continue to calculate our carbon footprint to become a carbon neutral company once again. In addition, we have adhered to FSC International, thus strengthening our commitment and maintaining our Fair Wood certification. 2020-2023 Strategic Equality, Diversity, and Inclusion Plan 2020 was the year in which Greenalia’s first Equality, Diversity & Inclusion (2020-2023) was approved – a plan with which the equality of opportunities between women and men will be promoted and guaranteed. For its development and follow-up, an Equality Commission was created – a body designed to ensure compliance with the more than 20 objectives set out in the document approved this second half of the year. Attached to this plan, the protocol for the prevention and treatment of sexual and gender-based harassment in the workplace has been approved.... Read more...GREENALIA CELEBRATES GLOBAL VOLUNTEERING DAY & DONATES PRESENTS TO SUPPORT CARITAS NGO IN ITS YEARLY THREE-WISE-MEN CAMPAIGN05/12/20Greenalia’s staff participates in the NGOs donations and packaging of toys campaign that will deliver toys for families the night before the three-wise-men holiday Greenalia’s Teams celebrates World Volunteering Day gathering presents and volunteering time to package and deliver them for families in need in these challenging times in support of Caritas Coruña Three-Wise-Men yearly Campaign. During the past month, Greenalia’s Headquarter Offices hosted a present delivery spot for gifts and toys to be donated by the people of Greenalia. Apart from this the team will volunteer time to support the package and delivery campaign that the NGO will organize come year end. In this way, Greenalia lends a hand in this final sprint for an unusual and complex Christmas. This initiative falls within the Company’s CSR Strategy and it is the second one focused in aiding families in need the company has effectively executed in a joint effort with Caritas Coruña. The first one was the support given to the Educa Program via a laptop donation initiative to support this program that aims to aid the more vulnerable youth socially and educationally in a specially challenging year marked by the current pandemic. Supporting families, with a special focus on the most vulnerable ones has been a strong highlight of the company’s CSR actions during 2020. Earlier this year the company also supported 5 key municipalities where the company has developed and is developing renewable assets in their back to school support programs. Thanks to the signing of these collaboration agreement with the incumbent municipalities Greenalia was able to donate schooling materials and economic aid to over 5,000 students and their families.... Read more...GREENALIA TEAMS UP WITH THE RED CROSS FOR THE CONFERENCE “RENEWABLE ENERGY: AN EMPLOYMENT OPPORTUNITY”20/11/20Greenalia is working together with the Red Cross on its program “The Red Cross Responds: Live Towards Employment” (“Cruz Roja Responde. Directos hacia el Empleo” in Spanish) a series of online conferences where each week the NGO tackles a different subject related to tools and strategies for employment. To achieve this objective, they work with different professional sectors and they tune in to demands from the employment market. Within this program Greenalia organized a webinar today on “Renewable energies: an employment opportunity”, where we hoped to demonstrate to participants of the Red Cross program the opportunities that the renewable energy sector could offer over the coming years, where there will be a key focus on energy transition and the decarbonization process. This webinar outlined the opportunities provided by the development of renewable energies and the creation of green employment within the framework of the European Green Deal, which includes the objective of making the EU climate neutral by 2050. To achieve this, a roadmap has been established involving actions to promote the efficient use of resources by moving towards a clean and circular economy, to restore biodiversity and reduce pollution. Within this framework, it should be noted that Greenalia currently works with four types of technology—biomass, onshore wind farms, offshore wind farms and photovoltaics—with a strategic growth plan for each of them. Also very important the investment in digitalization and the use of technology to create a more sustainable and impactful business model. Events like the one being held today form part of the company’s CSR policy, making their social responsibility more transversal and more prominent in every area of the company.... Read more... More News CORPORATIVE Lastest News 2020GREENALIA TO INCORPORATE JOSÉ MARÍA CASTELLANO TO ITS BOARD OF DIRECTORS02/06/21Greenalia’s Board of Directors (BoD) will make a proposal for its renewal and the inclusion of three new board members in the company’s upcoming shareholder meeting, to be held the 28th of June. This has been communicated by the company to BME (Stock Exchange Supervisor), which is informed of the proposal that will be taken to the Shareholders’ Meeting for the new composition of the BoD, which will then be composed of six key members: Manuel Garcia Pardo, Antonio Fernández-Montells and Beatriz Mato, as executive directors; Antonio Couceiro, as independent director; and José María Castellano and Pablo Castellano, as proprietary (dominical) directors. This renewal and expansion of the Board (from 4 to 6 members) is part of Greenalia’s Strategic Plan where the renewable company foresees to start trading in the Stock Exchange (mercado continuo) and the development of a wide pipeline in four technologies (onshore and offshore wind, photovoltaic and biomass) in the next five years. Once the proposal has been approved at the Shareholder’s meeting, the configuration of the Board of Directors will be: Manuel García, CEO and Greenalia’s main shareholder. Antonio Fernández-Montells, Greenalia’s Chief Financial Officer (CFO), Business Administration graduate and MBA (IESE Business School). With over 14 years of experience, he’s been Greenalia’s CFO since 2016. Previously, he was a consultant at Accenture, PwC and KPMG. Antonio Couceiro, Greenalia’s independent director, is a civil engineer from the Universidad Politécnica de Madrid (1978). He has a broad background in the business world and extensive professional experience. He’s currently the chairman of Norcorporate and president of the Real Club Deportivo de La Coruña. Beatriz Mato, Greenalia’s CSO, Director of Corporate Development and Sustainability since February 2020, is an industrial engineer, major in Business Organization, from the Escuela Técnica Superior de Ingenieros Industriales in Bilbao. MBA (UDC). For 13 years, she worked in the business setting at IBM, Rank Xerox and Norcontrol (now Applus), from where she joined the innovation department of IGAPE. From 2009 to 2018 she was a councilor in the Xunta de Galicia. José Maria Castellano, owns 5.18% of Greenalia’s stock since June 2020, has extensive experience as a manager and investor. He became a member of Inditex’s BoD in 1985 and in 1997 he was appointed as vice president and group CEO. He’s also been the president of ONO and NovaGalicia Banco. José María Castellano has a doctorate in Economic and Business Sciences from the Complutense University of Madrid and is a professor of Financial Economics and Accounting at the University of A Coruña and a member of the Spanish Royal Academy of Economic and Financial Sciences. He’s currently a member of various boards of directors at a number of prominent Spanish companies. Since 2015, Pablo Castellano has been president of the Family Office Nakadama, owned by José María Castellano. Previously, he held the position of president at Suburban Design and director of Niki Bosch, as well as a board member of Riopele, all companies in the textile sector.... Read more...GREENALIA WILL DEVELOP THREE SOLAR PHOTOVOLTAIC PLANTS IN ALICANTE TOTALLLING 150 MW01/06/21These facilities will take over 67 million Euros investment and the mobilization of more than 1,100 jobs during construction and operation The company CEO, Manuel García, held a meeting today with Government officials in Valencia to present Greenalia’s projects in this region The institutional agenda of the company also included Beatriz Mato, Greenalia’s Chief Sustainability Officer (CSO) meeting the mayors of Alicante’s Municipalities where these facilities will be established Greenalia has presented their solar-photovoltaic energy projects in Valencia to the Valencian Government, where they expect to install 150 MWp solar-photovoltaics in three plants of 50 MWp each, all in the province of Alicante. This was explained in the meeting held between Greenalia’s CEO, Manuel García; Greenalia’s CSO, Beatriz Mato, and the regional secretary for Sustainable Economy, Productive Sectors, Trade and Consumption, Rebeca Torró. As company officials explained, the expected developments in this community are Santa Anna l and II in the municipalities of Monforte del Cid in Alicante and Casa Mosén in Salinas. They are all in the examination phase, with connection rights. These facilities expect an investment greater than 67 million Euros and the mobilization of more than 1,100 jobs during its construction and maintenance. Each one will have a production capacity of 100,000 MWh/year. In addition to this meeting with the Valencian Government, the institutional agenda of Greenalia in the Valencian community included a series of meetings of Greenalia’s CSO, Beatriz Mato, with the mayors of the councils where these plants are going to be located with the objective of establishing a permanent dialogue and explaining the project to them. Moreover, she took the opportunity to advance the company’s CSR strategy, where the line of collaboration with the councils where the company has renewable developments will be framed, which will be channeled through the Greenalia Foundation for Energy Transition. The main objective of this is to support social initiatives in the settings the company works in, where they want to act with the widest possible consensus. With a 3.2 GW pipeline, Greenalia is committed to promoting them in zones of better resources according to the technology to be developed. In this framework, it has 660 MW in photovoltaic processing, in projects located in the main resource areas of the Iberian Peninsula (Andalusia and the 150 MW of the Valencian Community), classified as Zone V, with an annual capacity factor of 22-25% (more than 2,000h production annually), much higher than the annual average of 18.8% (1645 equivalent hours, according to the 2018 Electric System Operation Report, published by REE). With its head office in Galicia, the company has one of the sector’s most diversified pipelines and is differentiated from the rest of renewable energy companies due to having projects in four technologies (onshore windfarms, offshore windfarms, photovoltaic and biomass) in development. It’s currently the only company with floating offshore windfarms in examination in Spain, a technology it’s clearly committed to with developments in our country and with which it wants to position itself as one of the main international models, thus driving the great capacities of the Spanish industry in the sector through these developments.... Read more...GREENALIA AND THE MARINE CLUSTER OF THE CANARY ISLANDS SIGN AN AGREEMENT FOR THE PROMOTION OF CANARY ISLANDS COMPANIES IN THE DEVELOPMENT OF OFFSHORE WIND ENERGY IN THE ISLANDS20/05/21The CEO of the renewable energy production company, Manuel García, and the president of the Canary Islands cluster, Vicente Marrero, signed an agreement aimed at establishing a common forum by which to address potential collaboration formulas to promote industrial products in the framework of offshore wind It is in the interest of both parties to maintain an ongoing exchange of information regarding the development of wind energy for promoting Canary Islands companies in manufacturing, construction and offshore parks startup works Greenalia, headquartered in A Coruña, and Cluster Marítimo de Canarias (CMC) shall collaborate in the establishment of a common forum to promote industrial development of offshore wind energy. A collaboration framework with special interest at a time in which this technology is called to be one of the renewable energy sector levers of growth and in particular for a post-Covid 19 economic recovery. It was so ratified by Greenalia’s CEO, Manuel García, and the president of CMC, Vicente Marrero, by signing the Memorandum of Understanding (MoU), by which both undertake to study and design an implementation strategy that helps project development, that will position the islands as a place of reference in terms of offshore wind energy. Present upon signing was the CMC secretary, Guillermo Ramos, Greenalia’s Corporate Development and Sustainability director, Beatriz Mato, and the heads of Blue Lines Renewables, Juan Amate and Jose Luis Guerra, located in Las Palmas de Gran Canaria, a technological developer of Greenalia’s offshore wind projects. After the signing, Manuel García emphasized that Greenalia’s offshore wind energy projects will allow the deployment of this technology, not only in areas with high wind resource such as the Canary Islands or Galicia, but which will be key elements to reach more energy independence in the archipelago and at the same time meet the renewable energy generation objectives. The projects will mean a significant stimulus for qualified job creation opportunities and positioning Spain as a leader in one of the fastest growing industries worldwide. To this effect, Greenalia has significantly progressed in 50 MW Gofio Wind Farm permitting process, to which the Environmental Impact Drafts and Studies of other four parks (Dunas, Mojo, Cardón and Guanche) can be added. All 50 MW projects located in the Southeast area of the Gran Canaria Island. The chosen location is one of the top European wind resource areas, which is why the company considers it to be the ideal place for the deployment of this technology in Spain. For the development and operation of these projects, Greenalia will point to local companies in the islands, as it has already done in each phase of study, prospecting and preparing these projects, for which it has already partnered with Blue Lines Renewables. For his part, the CMC president, Vicente Marrero, has positively assessed the agreement reached with Greenalia and has thanked this company for its confidence in Canary Islands companies. Marrero is confident in the quality of the services that many companies in the islands can provide, after signing this agreement, to the manufacturing, construction, startup, operation and maintenance works of the offshore wind farms. To Marrero it is a priority at this time to prepare Canary island companies for the development of a new emerging market, both in Europe and worldwide, with enormous growth expectations in the upcoming years, such as the floating base offshore wind energy market. Vicente Marrero affirmed that the offshore renewable energy industry is a key element for the productive diversification promoted through the development of the blue economy, and reminded that the Canary Islands already has a specific strategy to implement it progressively, while the mandatory environmental regulation and the definition of the areas of the Canary Islands where offshore wind energy infrastructures may be installed is still pending. Lastly, the CMC president expressed that he is convinced that the industrial activity derived from the development of offshore wind energy projects will generate wealth and job positions in the islands and will promote the internationalization of companies.... Read more...GREENALIA INFORMS THE CANARY ISLANDS GOVERNMENT OF THE PROGRESS OF ITS OFFSHORE FLOATING WIND ENERGY PROJECT IN THE ISLANDS18/05/21The company CEO, Manuel García, and the Corporate Development Director, Beatriz Mato, held a meeting today with the Ecological Transaction, Fight Against Climate Change and Territorial Planning Director of the Canary Islands Government, José Antonio Valbuena Alonso, to whom they informed of the potential of these developments in terms of investment, job creation and industry promotion The renewable energy producer, located in A Coruña, is firmly committed to developing offshore wind energy, with growing technology where Spain has significant potential both in resource and know how During the meeting, Greenalia’s Directors presented the progress milestones of 50MW Gofio Wind Farm, which has now concluded the preliminary reports phase, and has been submitted to the MITECO (Ministry of Ecological Transaction and Demographic Challenge) as a candidate for Next Generation Funds The public leaders of the department of Ecological Transition of the Canary Islands Government informed that the Regional Government has requested that the State have a differential treatment with the Canary Islands to promote this type of projects Greenalia, a renewable energy production company that is developing wind farms in the Canary Islands, has reported today to the Canary Islands Government the characteristics of the facilities it foresees for the islands and how they would significantly drive local jobs and industry. Its operation will additionally make it possible to bring down the cost of energy derived from insularity, thereby contributing to the decarbonization processes indicated by the Spanish Government and the EU. It was so reported this morning by the Greenalia CEO, Manuel García, to the Director of Ecological Transition, the Fight against Climate Change and Territorial Planning of the Canary Islands Government, José Antonio Valbuena Alonso, in a meeting held in Tenerife, where the importance of the POEMS (Maritime Spacial Planning) was addressed, which the Central administration is finalizing, position the Canary Islands as one of the spaces of reference with the most resources in our country. The president of Greenalia has reported the relevance of the development of the offshore technology and the importance of our country holding a place of reference in this sector on an international level, which is said to be key within the recovery plans and the Next Generation Funds. Within this framework he emphasized the importance of expediting and advancing the procedure of the parks being processed, as is the case of the Gofio Wind Farm, developed by Greenalia, which has concluded the preliminary reports phase, and “we consider that it is an optimal candidate for those funds”, he emphasized. 50 MW Gofio, is located on the Island of the Gran Canaria in the area of Tirajana, which is considered among those with the best offshore wind resource in Europe, for which “we consider that it is the ideal platform for developing this technology in Spain”. With the progress and monitoring of this project, including four others that have already been requested, Greenalia confirms its commitment to floating wind energy, which, in addition to being the basis for green growth in Europe, would make it possible to achieve the development objective of 310 marine on the Canary islands coasts, contemplated in the Canary Islands Energy Strategy 2015-2025 – EECan25. Thus, the positive effect for the archipelago is twofold, because on the one hand these installations will allow the process of energy decarbonization in the Canary Islands to accelerate, replacing a significant proportion of the traditional highly polluting sources of power in the Canary Islands’ energy mix, resulting in an environmental benefit, and they will also contribute to the creation of qualified employment in the area, an especially important factor at this time after the crisis generated by COVID-19. Promotion of the Canary Islands Government For his part, the of Ecological Transition, the Fight against Climate Change and Territorial Planning Director of the regional government, José Antonio Valbuena, thanked the company for its interest in working in the islands on projects related to offshore wind energy, and showed his willingness to promote initiatives of this type in order to make a Canary Islands a national reference of these offshore renewable energies. To this effect, Valbuena and Rosana Melián, the General Director of Regional Energy, reported to the directors of Greenalia that the Autonomous government has requested that the State have a differential treatment with the Canary Islands to promote this type of projects, through Next Generation funds, or through auction mechanisms, taking into account that both administrations have collaborated and have achieved significant advances in the definition of the Maritime Spacial Planning (POEM). Five 50 MW projects Each facility of the five projected -Gofio, whose processing is well in progress, and Dunas, Mojo, Cardón and Guanche, requested-, by Greenalia for the Canary Islands, shall consist of 4 offshore wind turbines with a unit power of 12.5 MW on floating foundations anchored to the seabed at a depth of 61 to 92 meters. All of them will be connected to the Transport Network through the use of underwater and underground cables which will evacuate the energy generated by each of the wind farms completely independently. These wind farms will be able to supply a population of close to 350,000 households through a production system that will avoid the emission of around 700,000 tons of CO2 per year. During the process of development, construction, and operation, it is hoped that a great number of jobs will be created (directly and indirectly), both through the construction and through the possibility of having providers from the community. Lastly, it is hoped that these 250 MW in development may mean a key and essential turning point for the advance of the offshore wind farm sector worldwide and a historic opportunity for Spain to lead the energy sector.... Read more...SIROCO & TRAMONTANA WIND FARMS, WITH AN INVESTMENT OF OVER 110 MILLIONS, WILL PRODUCE THE EQUIVALENT TO THE ANNUAL CONSUMPTION OF 140,000 HOMES18/05/21The facilities, promoted by Greenalia, will be located in the municipalities of Cerdedo-Cotobade, Forcarei and Silleda Its construction and start-up will mobilize more than 1,300 jobs in the surrounding areas and provide 1.9 million euros to the set of municipalities through taxes and fees, which figure will be added to the amounts as leases The Galician renewable energy company Greenalia will develop its Siroco and Tramontana wind farms, two projects that with their corresponding evacuation lines, will have an investment of more than 110 million euros. Both will amount to 134 MW and will produce sufficient energy to supply the equivalent of an annual consumption of 140,000 homes. These two facilities, after the publication today in the Official State Gazette, begin the period in which information on their Environmental Impact Study (EIS), preliminary administrative authorization and statement of public use is made available to the public. The Siroco PE of 61.6 MW will be located in the municipalities of Cerdedo-Cotobade and Forcarei. With a production capacity of 249,486 MWh/year, it will be comprised of 11 wind turbines of 5.6 MW each, with a hub height of 105 meters and a diameter of 150 meters. For its part, the Tramontana project of 72.8 MW is located between the districts of Forcarei, Silleda, Cerdedo-Cotobade and Beariz, where a substation will be established. With 13 wind turbines of the same technical characteristics as the above, it will have a production capacity of 257.328 MWh/year. The farms, whose construction projects, once approved, are foreseen to exceed and mobilize more than 1,300 jobs in their construction phase, will provide 1.9 million euros to the set of municipalities through taxes and fees, which figure will be added to the amounts as leases to the landowners, whether individuals or woodland communities. The implementation areas of both facilities are outside of the Galician Network of Protected Spaces and the Natura 2000 Network, including the area contained within the latter’s Extension Proposal. The development area does not include any IBAs (Important Bird Areas), any priority areas for reproduction, feeding, dispersal, nor do they affect areas included within any Biosphere Reserve nor those of interest in terms of landscapes. The environmental impact study shows that there is no negative impact on the habitats during the exploration phase, and as for the archaeological and cultural heritage report, corrective measures are established in order to guarantee adequate protection and preservation of the elements detected as cultural heritage. In any case, it is important to remember that the project is still in the initial application phase, so, as we have been doing in all our projects, and as we have made known to the mayors of these city councils, the projects will be adapted according to any environmental and heritage recommendations that may come from the various administrations in their respective reports, and in parallel, ensuring the utmost social consensus and respect for the environment.... Read more... More News
