Buying the wind

News

Iberdrola Renewables has signed a contract with Eolica Dobrogea to acquire a portfolio of wind projects in the Dobrogea region in eastern Romania.

Iberdrola Renewables has signed a contract with Eolica Dobrogea (Schweiz), a company owned by the Swiss engineering group NEK and the Romanian company Rokura, to acquire a portfolio of wind projects in the Dobrogea region in eastern Romania for between €200 and €300m.

The 50 wind farm projects, with a total output of around 1,600MW, are in various phases of development, and are expected to start operating in 2009.

Under the terms of the agreement, Eolica Dobrogea will be responsible for obtaining planning and construction permits for the farms. Once completed, they will be built and operated by Iberdrola Renewables.

Apart from the wind farms acquired by Iberdrola, Eolica Dobrogea has several other wind energy projects currently under development in the Dobrogea region.

For its part, Iberdrola Renewables is also developing what it believes will be the largest wind farm in Estonia. Located in the municipality of Luganusewhich, it will be capable of generating150MW of power.

Register now to continue reading

Thanks for visiting The Engineer. You’ve now reached your monthly limit of news stories. Register for free to unlock unlimited access to all of our news coverage, as well as premium content including opinion, in-depth features and special reports.  

Benefits of registering

  • In-depth insights and coverage of key emerging trends

  • Unrestricted access to special reports throughout the year

  • Daily technology news delivered straight to your inbox

Register
Or continue by

Signing in with your registered email address