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Green Energy Grup invests €300 mln in wind energy projects

Publicat la 05.11.2007, 22:00:00

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Green Energy Grup invests €300 mln in wind energy projects

"The company is looking for strategic partners to participate financially in these projects," added Tripon. Green Energy Grup is already producing 0.75 MW of wind energy at a plant in Tulcea County and will install two further wind plants in the coming months, each with a 0.6 MW capacity. The investment for the three plants amounts to some €1.5 mln, according to Tripon.

The General Manager of Green Energy added that the company is involved in a project for building a 5 MW biogas electrical plant and a bioethanol factory, an investment worth some €80 mln, according to Tripon.

Green Energy Grup SA Bucuresti was founded in 2005 and posted losses worth €25,000 in 2006. Romania's wind energy production potential allows for the construction of wind plants with a total of up to 14,000 MW, which means an annual electricity production of 23,000 GWh.

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