GE: We are interested in wind projects and electro-thermal plants

GE Energy is also interested in investments to modernize electro-thermal plants (CET), he added.

“Romania is an important area for us, given there are huge investment opportunities in the sectors of renewable energy and simultaneous production of thermal and electric energy,” Christie said.

The CETs, currently managed by local authorities, require their old and high consumption technologies to be replaced by modern and more efficient ones, according to Christie.

The boost of renewable energy, especially wind energy, will require both the expansion of distribution networks and system management services.

GE Energy is one of the largest energy production and supply technology providers worldwide, with revenues worth €22 billion in 2007.

Christie added that the financial crisis has not had any significant impact on GE Energy’s business in the region of operations he is responsible for, although some companies and clients are slowing their projects.