BUSINESS

STEAG acquires 108 MW wind farm project in Romania

Monsson Group, a private wind energy developer with a 2,400 MW portfolio of projects, announced yesterday the sale of its 108 MW Crucea North Wind Farm Project in Constanta County to STEAG GmbH, one of Germany’s largest electricity producers, a press release informs. STEAG will invest around EUR 200 M in this wind farm, which will have 36 wind turbines of 3MW supplied by Vestas. Crucea North will evacuate the electricity to a new transformer station in nearby Stupina, which will connect to the 400kV Transelectrica high voltage national grid. The new transformer station will make it easier for further wind farms in the area to be connected to the high voltage national grid. The project is envisaged to be operational by the end of next year and to create indirectly around 100 new jobs. Once the construction of Crucea North has been completed, it will produce clean electricity for approximately 200,000 Romanian households and reduce CO2 emissions by more than 300,000 tons per year.

Related posts

Romanian economy stronger

Nine O' Clock

CCIB, new cooperation agreement with Chinese Council for International Trade Promotion

Nine O' Clock

Electric car-buyers will receive a maximum EUR 3,700 from Gov’t

Nine O' Clock

Leave a Comment