Power station in Latvia (2)

Project Type Sell
The total cost of the project 3,6 mil. EUR
Region Latvia


Required investment 3,6 mil. EUR
Areas of investment Sell
Investment type Purchase


Project description

Active business (gasification of wood chips). Capacity (electrical)0,5 Mw, (heat) 4 Mw.

Active since 2014 year.

3200 Mwh and 2350 Mwh of electricitysold durign the firsm heating season.

The city's historical consumption of heat is 4000 Mwh/season (some winter seasons were unusualy warm).

The product is also used to heat the water within the city. Fixed rate – 36,5 EUR without VAT and 19 EUR for water heating. Agreement with the city – until August 2030 year.

100% electricity is sold to the state (agreement until august 2024 year). Calculation formula (4th category )*1,086*4,5/9,3. (in the respect of Ministry cabinet condition №221.


Expenses –

chips for gasification.



350 000 - 450 000 Eur.

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