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Croatia, Professio Energia and Danske Commodities signed PPAs for three wind farms

Croatian renewable energy company Professio Energia said that its 50 % owned subsidiaries Eko and Velika Popina have signed power purchase agreements (PPA) for three wind farms in Croatia with Danish energy trader Danske Commodities.

The wind farms in question are Zadar 2, 3 and 6, with combined installed capacity of 45 MW. Following the signing of the agreements, as of 1 August, these three wind farms are no longer included in the state feed-in support scheme. Professio Energia did not disclose any information regarding the financial details of the agreements.

In early 2022, Professio Energia completed the acquisition of two companies – PR Global Danilo and Vjetroelektrana Rudine, which own several wind farms in Croatia with combined installed capacity of 77.7 MW. PR Global Danilo owns three wind farms in the Sibenik-Knin County: Danilo, Bubrig and Crni Vrh, with combined installed capacity of 43.7 MW. Vjetroelektrana Rudine owns 44 MW wind farm Rudine in the Dubrovnik- Neretva County. Both companies are owned by Austrian RP Global group. The financial details of the transaction were not disclosed.

Professio Energia is the first Croatian renewable energy company publicly traded on the Zagreb Stock Exchange.

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