OREANDA-NEWS. Today, RWE Innogy and FriEl Green Power, Bozen, have successfully concluded the transfer of RWE Innogy's 80% stake in the Sicilian biomass power plant Enna (incl. the respective biomass harvesting and forest management activities) to FriEl. RWE Innogy Italia with a share of 80% of the power plant and FriEl with a share of 20% were the sole parties in the joint venture since RWE Innogy's recent acquisition of the 10% stake of the former joint venture partner (IG).

Due to a strategic realignment, RWE Innogy no longer considers smaller biomass plants to be core business in the fields of renewables. In future, RWE Innogy will focus on further developing the already strong core business segments wind onshore, wind offshore and hydropower.

Phil Piddington, Head of RWE Innogy Biomass, explains: "Together with FriEl Green Power we have constructed the first biomass cogeneration plant in Sicily. I am now proud to hand over a power plant that operates well and I am happy that FriEl Green Power now becomes the 100% owner. In times of limited funds the disposal of non-core biomass activities is a required step for RWE Innogy and contributes to support future growth in core segments."

The biomass plant has a capacity of 18.7 megawatts and is designed for a power generation output of 126,000 megawatt-hours. This is enough to supply about 30,000 residential households with electricity per year.