Our Strategy

Up until the end of 2008, Eolfi acquired projects at various stages of development or co-developed projects with local partners. Since the beginning of 2009, a team of 14 dedicated developers (for wind and solar) focus on developing greenfield projects while continuing to co-develop selected promising projects.

As of November 2009, 60 projects representing a weighted total of 164MW were in development.

Eolfi has been developing its project portfolio in the United States since 2008, following its acquisition of Ridgeline Energy.

The US portfolio consists of 23 projects totalling 3.8 gross GW and 2.1 weighted GW. The projects have been weighted by the country manager according to their probability to pass each key development step and be ready-to-build at a certain date.

Headquartered in Seattle, Washington, Ridgeline develops large scale wind energy projects in six states of the Pacific Northwest and Western United States: Idaho, Washington, Nevada, Wyoming, Oregon and Utah. Ridgeline is involved in each step of the process: land control, wind measurement, environmental analysis, wind farm lay-out and turbine selection, transmission interconnection, PPA negotiation, EPC contract and financing. As at November 2009, Ridgeline had 22 employees.

Eolfi has been developing wind projects in Poland since 2007 via two well-established co-developers and more recently with its own local resources. In 2008, Eolfi set up Eolfi Polska, a fully owned subsidiary based in Warsaw to develop projects internally. Eolfi Polska will continue to co-develop some projects.

As of November 2009, Eolfi Polska had 16 employees (of which 10 exclusive co-development consultants) managing 21 projects under development, representing a weighted portfolio of projects of 617MW (1.2GW of gross projects). Three projects representing about 209MW are expected to be ready-to-build in 2010.

Eolfi's wind project development began in Greece in 2006 via a co-development partnership with a local partner (Idea Advisory S.A). In October 2007, Eolfi established a fully owned Greek subsidiary, Eolfi Wind Hellas, to develop its projects internally. Eolfi Wind Hellas is based in Athens and employed, as of November 2009, 22 staff.