The group’s wind farm in Fantanele locality, southeastern Romania produced 0.5 TWh of electricity in January through September, CEZ said.
It said the distribution and sale division of CEZ Romania contributed with CZK1.2 billion (EUR47.3 million) to the group’s EBITDA in the first nine months, down from a contribution of CZK1.6 billion in the year-earlier period.
The lower revenues were due to one-time charges on the 2010 revenue as determined by Romanian energy regulator ANRE and by new caps on delayed payment fees imposed on the local market, CEZ said.
Group-wide, CEZ reported EBITDA of CZK62.4 billion in the first nine months, down 6.9% on the year.
CEZ is developing a 600 MW wind farm project in Fantanele and Cogealac localities, southeastern region of Dobrogea. When completed, it will have 240 turbines and will be Europe’s largest onshore wind farm.
By the end of 2010, the company had connected 120 wind turbines to the national power grid which generated a total wind power production of 0.3 TWh.