With an electrical capacity of 5 MW, Energostatik is Akuo Energy’s fourth wood biomass cogeneration project to be financed (the 3 previous one being already in operation or under construction). Based in Croatia, a country where Akuo Energy has already assets in operation and a 6-people team based both in Zagreb and Split, Energostatik enjoys both a 14-year PPA with HEP,
the national power company and a 14-year biomass supply contract signed with Hrvatske Šume, the Croation forest agency, for the supply of 46,000t per year, i.e 91% of the power plant needs. Having secured these 2 main contracts, Energostatic is a quite unique and very strong project. Heat will be sold to Sirocco, a wood drying facility, via a 14-year offtake agreement.