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Investment invitation to Kerkrade residents
1 January 2006
Residents are being invited to participate in the De Locht wind park project in Kerkrade, which is due to have two Nordex 2.5 MW turbines up and running by July. Developed by Evelop and Ecowind, both part of Dutch renewables solutions provider Econcern, the plant will serve around 3000 inhabitants of Kerkrade, Triodos Bank and 600 private shareholders will invest around EUR 5.75 million in the project. Interested participants were last month being asked to submit their applications by December 21. Econcern, which is the holding venture for a number of companies, describes itself as a sustainable solution provider. Subsidiary Evelop is carrying out the coordination of the project development, feasibility studies, permits, finance development, as well as setting-up the financial participation for the residents of Kerkrade and the neighbouring municipality of Heerlen. Ecowind will operate and supervise the plant for the first ten years.
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