Legacy Forged. Mission Unchanged.
Latvia abolishes the state energy monopoly. We enter the market and form single-purpose companies for each project.
1998
Cirišu 1MW Hydropower Plant
Our first build was Cirišu HES, a 1 MW hydroelectric power station. The work spanned site selection, environmental approvals, hydraulic modeling, turbine/generator procurement, and grid-connection compliance. We implemented modern protection systems and prioritized stable baseload output over theoretical nameplate peaks.
1999
Windau 4MW
With Windau SIA, we delivered a combined heat and power plant in Bauska based on Jenbacher gas engines. The project was designed to provide predictable electricity while supplying dependable heat to local consumers—maximizing fuel efficiency through cogeneration. Our scope covered EPC coordination, grid studies, heat-network interfaces, and long-term service arrangements to minimize downtime. The asset’s performance and contract structure made it attractive to international buyers; we sold the company to Preusag Noel (Germany) and Nycomb Ltd (Sweden). Windau confirmed a core thesis for us: disciplined CHP can deliver stable returns and real local benefits when engineered and contracted correctly.
2002
BK Energija & Veja Parks 21.74 MW
We moved into utility-scale wind with two projects—BK Energija and Vēja parks 10–20—totaling 21.74 MW. At the time, Vēja parks 10–20 was among the largest wind parks in Eastern Europe. We standardized on Enercon technology, valuing its reliability and strong European service network, and we coordinated environmental diligence, land control, and grid integration in parallel to compress timelines. Outputs exceeded initial P50 expectations due to careful micro-siting and operations discipline. Exits: Vēja parks 10–20 was sold to a UK investor; BK Energija was sold to Fortum Latvija. These sales validated our build-to-core strategy and funded the next development cycle.
2008
Daugavpils CHP 24.4 MW
In Daugavpils we delivered two CHP assets—BK Energy (4.0 MW(e) / 12 MW(th)) and Energy Comunication (4.0 MW(e) / 4.4 MW(th))—to stabilize local power and heat at competitive cost.
The projects integrated modern controls, redundancy for winter reliability, and contracts aligned to heat-demand seasonality. Our team coordinated permitting, fuel contracts, interconnection, and performance-based O&M to ensure bankability. Both companies were later sold to Fortum Latvija, reflecting the assets’ quality and the strength of their commercial frameworks. The Daugavpils builds reinforced our capability to deliver multi-asset programs in a single municipality without compromising execution pace or safety.
2014
Sprino Biomass Heat 15 MW
Sprino SIA commissioned a 15 MW wood-chip boiler house to decarbonize heat supply with local biomass. We focused on fuel-supply logistics, emissions controls, and integration with existing heat networks to reduce fossil reliance while keeping tariffs predictable. The plant’s design emphasized high availability and straightforward maintenance, with conservative assumptions for moisture content and seasonal variability. The project delivered immediate carbon and cost benefits to the community. We later sold the asset to Fortum Latvija, transferring a stable, well-documented operation ready for long-term stewardship within a larger district-heating portfolio.
2017
Vides Energy 6.9MW
In Liepāja we built a 6.9 MW wind farm optimized for Baltic coastal wind regimes. The development covered wind resource assessment, grid-impact studies, turbine selection, and civil/elec works in a compact construction window. Our contracting approach prioritized availability guarantees and rapid spare-parts support to protect annual energy production. The company was subsequently sold to a Swiss investor Clean Energy Holdings after we completed commissioning and handed over full technical documentation. The project is a concise example of our development model: de-risk early, build tightly, and exit cleanly to long-term owners once performance is proven.
2022
Rapsoil 60 MW
Rapsoil is a coastal onshore wind project designed to anchor Latvia’s portfolio with reliable, utility-scale output. The layout is optimized for coastal wind regimes and wake effects, using proven 5–7 MW IEC-rated turbines with high hub heights for steadier winds. Access roads, crane pads, and cable routes are engineered to minimize civil works and compress build time. Interconnection leverages a nearby 110 kV node to reduce line length and losses, aligned with grid-stability requirements. Environmental and social diligence (noise, shadow flicker, bird/bat) follows EU standards, with curtailment and community-engagement measures defined. The commercial plan is flexible—CPPA or utility offtake—and benefits from KodoGE platform synergies in O&M, OEM framework terms, and financing.
Status: Under construction
2025/2026
Balvi 400 MW
The Balvi Solar Project stands as a cornerstone of Latvia’s renewable energy transition and one of the most ambitious solar undertakings in the Baltic region. Boasting a massive capacity of 520 MWp DC (400 MW AC), this utility-scale development is strategically engineered to maximize energy yield and grid stability. Developed by Kodo GE, the project represents a significant leap toward regional energy independence, combining cutting-edge photovoltaic technology with a strategic location to power a greener, more secure future for the European energy market
2025/2026
Wind 400 MW
The Hybrid Project represents the next generation of integrated energy infrastructure in the Baltic region. Strategically located in Latvia, this ambitious development combines 406 MW of wind power, 50 MWp of solar PV, and a 100 MWh Battery Energy Storage System (BESS) into a single, high-efficiency power hub. By leveraging the complementary nature of wind and solar alongside advanced storage technology, SolWin provides a stable, 24/7 energy profile that is essential for Northern Europe’s grid stability and its transition toward a carbon-neutral future.
2026
Hydrogen Wyoming
Information to be announced.
