Visit windpowermonthlyevents.com for the latest on our upcoming conferences and webcasts

Romania

Romania

Romanian incentives help Monsson sell 108MW project

ROMANIA: Romanian developer Monsson Group has sold the 108MW Crucea North wind farm in Constanta to German electricity provider Steag.

The deal comes as strategic investors continue to target wind projects in the country following the launch of the country’s incentive scheme in late 2011.

Steag will invest about €200 million in Crucea North, which will be equipped with 36, 3MW Vestas turbines.

Work on the wind farm, part of a larger project that could eventually be built up to 600MW, should be completed next year. The project is located 50 kilometres northwest of the Constanta port.

Romanian’s most well-known wind developer, Monsson has sold around 850MW in projects to Czech utility CEZ, OMV Petrom and ButanGas.

The biggest project was the 600MW Fantanele-Cogealac wind farm now owned by CEZ. With over 400MW now operational, the project should reach full capacity by end-year.

Romania had 1,222MW of installed wind capacity in March, according to data from grid operator Transelectrica.

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Only [DAYS_LEFT] days Subscribe Now

Left of your Windpower Monthly free trial

Your free trial Subscribe Now

to Windpower Monthly has expired

Windpower Monthly Events

Search more than 4,500 companies in the Windpower Directory

Latest Jobs