Capital Energy progresses with development of the Cerevil and Cerecol wind farms, in Burgos

• The development of both renewable energy facilities, located in 14 municipal districts - Merindad de Río Ubierna, Valle de las Navas, Monasterio de Rodilla, Rublacedo de Abajo, Villayerno, Morquillas, Hurones, Burgos, Fresno de Rodilla, Santa María del Invierno, Santa Olalla de Bureba, Castil de Peones, Quintanavides and Alcocero de Mola - will involve an investment of around €178 million.
• The 28 wind turbines of the Cerevil wind farm and the 11 wind turbines of the Cerecol wind farm will be capable of supplying clean energy to more than 254,000 in the Castile and Leon region and preventing the annual emission of more than 245,000 tonnes of CO2 into the atmosphere
• The construction of these wind farms will stimulate the creation of more than 1,200 jobs and will have an annual financial impact on the regional and local coffers, and also through leasing agreements, of around €900,000.

Burgos, 14th April 2021. Capital Energy, a Spanish energy company founded in 2002 with the vocation of becoming the first vertically-integrated 100%-renewable energy operator on the Iberian Peninsula, continues to move forward to ensure the development of its clean energy project in Castile and Leon.

The Office of Industry and Energy of the Provincial Representation of the Government in Burgos has announced that it is submitting the applications for permission[1] for its Cerevil y Cerecol wind farms to public consultation: Located in the province of Burgos, they will have an installed power of 153 and 59.5 megawatts (MW), respectively, and involve an investment of approximately €178 million.

The 39 wind turbines of these renewable energy facilities of Capital Energy – 28 Cerevil and 11 of Cerecol – will be capable of supplying almost 613,000 megawatt hours (MWh) of clean energy, equivalent to the consumption of more than 254,000 homes in Castile and Leon, and preventing the annual emission of more than 245,000 tonnes of CO2 into the atmosphere.

Located in 14 municipal districts[2] - Merindad de Río Ubierna, Valle de las Navas, Monasterio de Rodilla, Rublacedo de Abajo, Villayerno, Morquillas, Hurones, Burgos, Fresno de Rodilla, Santa María del Invierno, Santa Olalla de Bureba, Castil de Peones, Quintanavides and Alcocero de Mola - the construction of these wind farms will stimulate the creation of more than 1,200 jobs during the peak building periods. In the operation and maintenance phase, they will also give permanent jobs to 20 professionals from the area.

They will also have an annual financial impact on regional (wind fees) and local (property tax and trade tax) coffers, and also through leasing agreements, of almost €900,000. €5.3 million, which is the one off payment for the tax on construction, installations and building works (ICIO), can be added to this recurring sum.

Capital Energy already has an office in Valladolid, where a dozen professionals work. It is in the process of opening additional offices in several cities of Castile and Leon, where residents of the municipal districts where the company is promoting its renewable energy projects will work.

[1] Prior administrative authorisation and environmental impact statement authorisation.

2] Cerevil wind farm: Merindad de Río Ubierna; Rublacedo de Abajo; Valle de las Navas; Hurones; Villayerno; Morquillas and Burgos; / Cerecol wind farm: Merindad de Río Ubierna; Valle de las Navas; Monasterio de Rodilla; Fresno de Rodilla; Santa María del Invierno; Santa Olalla de Bureba; Castil de Peones; Quintanavides and Alcocero de Mola.