We developed and built over 80 MW of wind projects
36 MW – Skoczykłody wind farm was built in 2015 and operated under Wento’s management until 2020. Then the project was sold to one of the biggest Polish utility companies – PGE S.A.
48 MW – wind farm project with one of the highest (>50%) load factors on the market was sold in 2019, at ready to build stage, to one the biggest foreign investors operating in the wind energy sector in Poland.
Key area of our activity – developing a portfolio of 1600 MW of PV farms
10 MW – was commissioned in Q1 2018, after winning the 15 year long CfD during the 2016 auction. This asset was already sold to a strategic investor in 2018.
489 MW – which won the CfD support since 2017.
257 MW – in total Wento has already developed and sold as a portfolio of either projects or fully operational photovoltaic farms.
100% – after five auctions, 100% of our projects that participated in auctions secured a CfD at a price guaranteeing attractive returns for investors.
Future in photovoltaics
After developing 257 MW and constructing 10 MW of ground-mounted PV power plants, Wento continues to develop 570+ MW of small-scale projects to take part in future auctions for CfDs, as well as 980+ MW of large-scale projects to be built based on either the CfD system or corporate PPAs. Our in-depth knowledge and understanding of both technology development dynamics as well as regulatory environment evolution led us towards intensifying the development of large-scale (25 MW+) ground-mounted PV plants as the future standard for not subsidized PV assets in Poland.
Wento’s development pipeline should bring its investor app. 1 600 MW of „ready to build” small and large solar PV projects by the end of 2025.
Future in energy storage
Our team has good experience in providing investors with the most profitable investment opportunities by being able to spot and take advantage of the newest market trends in the energy sector. Working with such a mindset, we defined energy storage to be the best new investment opportunity, starting to appear both on the Polish and the European energy markets.
Wento is currently analyzing several options for installation of utility-scale energy storage systems, connected to the electrical networks of DSO/TSO, enabling participation in the newly created Capacity Market and the Auxiliary Services Market in the future.
Although, as of today, Wento has not invested directly in any assets in the two business areas mentioned above, our team is investing a substantial amount of time and a great number of resources to develop the tools and know-how which will enable us to take full advantage of being the “first mover” in this sector.
Our good understanding of the local regulatory environment, market reality, and experience in the fast development of cash flow generating business models/assets base, make us confident that we are very well positioned to harvest the high potential of these newly developing markets and energy storage technology.
All these processes are led by our experienced and multidisciplinary team of dedicated experts working within the following areas of responsibility:
Technical and construction
The extensive experience of our team allows us to select the best projects available on the market and/or quickly optimizing the projects with the unrealized potential. Our technical skills and close cooperation with first-class technical advisors and equipment suppliers make it possible to maximize the project’s productivity to CapEx ratio.
Thanks to the proper selection of most advanced wind turbines or PV technology currently available on the market, backed up by proper O&M contracts and competitive procurement procedures. Thanks to the “hands-on” approach of our team to the entire life cycle of the project, construction, and its financing, Wento is able to deliver superior quality assets to the interested investors while assuring attractive returns.
Since its incorporation, Wento has been managed by the same management team with extensive experience in the energy industry:
Chief executive officer
Business development director
Chief financial officer
Chief development officer
Wojciech Cetnarski took on the position of Wento’s CEO after eight years of successful running of an investment advisory and management company.
During that time, from 2009 to 2012, he also served as the Management Board Member of Norvento Polska, an investment and project development company, acquiring and developing about 70 MW of wind projects.
By December 2005, Mr. Cetnarski held the position of the Vice President of Polish Energy Partners S.A. and the President of Saturn Management Sp.z o.o., a fully owned subsidiary of Polish Energy Partners S.A. (currently Polenergia). As one of the founders, from 1997 to 2003, he also served as the President of the Management Board and CEO of Polish Energy Partners S.A., which became a public company in 2004. With PEP, he started the development of one of the first Polish wind farms, in Puck (22 MW), which became operational in 2007.