Project Timeline (Source: Enerstar Villena)

September 2005 - Presentation of the project at all local, regional, national and community government levels.

November 2005 – Project granted the Special Regime, as per Royal Decree 436/2004.

September 2006 - The project receives interconnection point to the electrical distribution network.

November 2006 - All land affected by the installation is contracted for 25+ years.

January 2007 - Line of credit to finance the project is established.

August 2007 - Constitution of bank guarantee established by Royal Decree 661/2007.

January 2008 – Water rights granted to the project by the Confederacion Hidrografica del Júcar (local water commission agency.)

April 2008 – New investor group joins project.

April 2008 - Engineering contract signed

May 2008 - New agreement reached with the City of Villena.

July 2008 - Environmental Impact Study (DIA) is rendered favorable

August 2008 - Declaration of Community Interest (DIC) is granted.

March 2009 – The Department of Industry for the Valencian Community (GVA) grants project Administrative Authoriization.

April 2009 – Construction permit granted by the City of Villena.

April 2009 – FCC Energy joins the project, Enerstar Villena.

December 2009 – Enerstar Villena obtains registry in the pre-allocation of the Ministry of Industry, Tourism and Trade.

September 2010 - Approval of the technical implementation project.

August 2011 – FCC Industrial begins work on the plant.

November 2011 - FCC Energy acquires 100% equity of Enerstar Villena, SA.