Gesfinu SGPS S.A.

eMail : info@gesfinu.com
Telephone : 00351 229351175
Address : Av Villagarcia arosa 1919 - , Matosinhos , none , Portugal , 4460-439

In bio energy area the group has 3 plants for wood pellets production, Junglepower, Pellets Power and Pellets Power 2, located in the North, Centre and South of Portugal, with a total annual production of around 300.000 tonnes.
 

Gesfinu is a privately owned family group that selected electricity generation and bio energy as main business activities, continuing in the real estate activity.

With a share capital of €15.000.000,00 and a nº of employees of around 120, Gesfinu is an investment holding company in wind, hydric, recycling used oils, pellets production and real estate area.

In wind energy and hydroelectric power, the Group manages and operates three wind farms (Energia Verde, Elienergia e Senhora do Monte), one hydro-electric (Sed) and holds a share of PEB. The total energetic power is around 75 MW,

In bio energy area the group has 3 plants for wood pellets production, Junglepower, Pellets Power and Pellets Power 2, located in the North, Centre and South of Portugal, with a total annual production of around 300.000 tonnes.

The new challenges of the group are focused on internationalization, namely in the wind energy area, where through Gewind the group is operating in Poland.

In the bioenergy area the group has three wood pellets plants

Made generally from sawdust, shavings and chippings from sawmills, wood Pellets are a natural product, used namely by electricity producers, that using fossil fuels in the energy production, needs to find alternative natural fuels that permits the reduction of CO2 emissions, in accordance with Kyoto Protocol.

Wood pellets are mainly exported to Central and North of Europe, by vessel from Aveiro and Sines harbour.

The 3 plants, Junglepower, Lda, Pellets Power, Lda e Pellets Power 2, Lda, are strategically located in the North, Centre and South of the country, near the raw material sources and the harbour.

The annual production of the three plants is around 300.000 tonnes and implied a total investment of 30 million euros.

Junglepower
Placed in Lousada this plant was the first to be installed, and is under production since January 2008. The production capacity is about 80.000 tonnes per year. The distance to the Aveiro harbour is 120 km. Lugar do Freixo, 3450-116 Mortágua, Tel.: 231 929 635, Fax: 231 929 624

Pellets Power
Placed in Mortágua, this plant is under production since April 2008. The production capacity is about 100.000 tonnes per year. The distance to the Aveiro harbour is 70 km. Pellets Power has a Bagging line with a capacity of 20 ton/hr. for 15 kg. bags.

Pellet Power 2
Placed in Alcácer do Sal, this plant is under production since May 2009. Production capacity is about 100.000 tonnes per year. The distance to the Sines harbour is 70 km.