The prime objective of Nord Wind Energy is to generate capital through the sale of shares in order to invest this money in strict compliance with wind energy for the benefit of all shareholders and the future. Wind farms are operated and the electricity is sold to solvent bulk buyers. Likewise, if opportunities arise (which are also sought), individual projects will be sold to reinvest the profits in the sense of healthy growth from Nord Wind Energy
Already last year, Nord Wind Energy used the opportunities to acquire a very interesting wind farm project in Morocco. This undertaking was not exactly easy as it was a prime location and competitors were striving to shine with it in their own portfolio.
Due to the excellent networking of Nord Wind Energy, it was possible to have intensive and binding discussions with the project developers after a short time. This revealed further potential and it soon became clear that this project has an additional special feature – it can be extended at any time. In concrete terms, this means that a first investment immediately opens up the possibility of further investments in the next expansion stages. This creates considerable savings potential for future project costs, as many of the work already done does not need to be repeated for further project development.
The most important prerequisites for a large-scale wind power project are the wind itself and the environment. A flat territory with a good ground for the creation of foundations in an excellent position to the wind is a very good condition. In addition, if the wind blows constantly and evenly, a location may be considered ideal for generating wind power. Both requirements are fully applicable to this project.
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A territory of more than 40 km² offers the possibility of constructing a wind farm of up to an estimated capacity of 200 MW in several construction phases. A constant wind speed of approximately 8.5 meters per second (m / s) makes it possible, with a safety margin of 20%, to produce an annual energy yield of more than 650,000 gigawatt-hours.
Wind is blowing all over the world – but the best wind areas are in Morocco.
The North African country benefits from the trade winds and a coast of 3,500km. The wind volume is very productive and balanced, ie the average annual wind speeds in the south of Morocco are between 7.5 and 9 meters per second (m / s).
But good wind areas use little, if not the conditions are right! This point makes Morocco one of the most interesting countries for wind energy ever:
Thanks to King Hassan VII, Morocco is politically stable and has tremendous growth due to its economic orientation towards Europe. No other African has achieved this yet. Morocco also has free trade agreements with Europe, the US and the Arab countries.
Morocco puts its potential for wind energy at 25,000 MW and is well prepared: along the entire coast runs one of the most modern high-voltage power lines.
The potential energy consumer Europe is directly opposite – between Morocco and Spain are currently running. already 2 power line submarine cable lines.
We selected the location in Tan Tan in the South of Morocco because the wind potential there is high at 8.5 m / s in the annual average – without the usual peaks of 25 m / s and more being there, of course have the loads and thus the life of a wind turbine. The infrastructure for the construction of a wind farm is ideal thanks to a favorable cost structure; For example, the high-voltage line into which the future electricity will be fed goes directly to the site.
The emerging and rapidly expanding provincial capital Tan Tan is a former military post of the Spaniards from the colonial era and was only returned to Morocco in 1958. With a current population of about 60,000, Tan Tan is an administrative center and a very important logistics outpost in the Western Sahara region. Tan Tan has an airport, a seaport and a fishing port with its own canning industry. A palace of the king is also there.
Key data of the wind farm in the first construction phase:
100 MW wind farm (rated power) 40 x 2.5 MW wind turbines 109m rotor diameter 80m tower height
Certified wind turbines from one of the market leaders, variable speed, SCADA remote monitoring 392,000MWh gross annual energy yield
325,360MWh net annual energy yield (down 17%) US $ 107,252,900 total investment US $ 96,527,610 Debt (90%) US $ 10,725,290 Equity (10%)
Even if you only use a modest 5 $ cents per kilowatt hour as a return, you will get a return of well over 10% in the first full year.
The entire location potential comprises approx. 200MW. The first construction stage listed above is also divided into company-specific project sizes. The following forecast looks at a project company with a volume of around US $ 27 million.
Investment volume: US $ 27,188,000.00
Total rated power: 25 megawatts 31.12.2024 31.12.2025 31.12.2026
Revenues US $ 4,067,000 US $ 4,067,000 US $ 4,067,000
Other Operating Income / Promotions US $ 0 US $ US $ 0
Gross profit US $ 4,067,000 US $ 4,067,000 US $ 4,067,000
Operating costs US $ 1,009,000 US $ 1,092,000 US $ 1,206,000
Insurance US $ 97,000 US $ 105,000 US $ 116,000
Net profit / loss before financial. US $ 2,960,000 US $ 2,869,000 US $ 2,745,000
Return on capital employed 10.89% 10.55% 10.09% explanation
10.89% 10.55% 10.09% explanation
The profit and loss statements were made to the best of my knowledge and belief and were not audited or audited by an auditor. An expected increase in the calculated electricity price compensation of US $ 0.05 per kilowatt hour was not taken into account
Since these are projections, it has generally been assumed that the placement of the equity capital will be completed by September 31, 2026, and that the Company currently has equity of at least US $ 28 million.
At the beginning of the placement phase, investments will only be made in project planning so that implementation of these projects begins at the end of the placement phase. Binding contracts are written under reservations that will not be canceled until appropriate investment capital is available.
