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Oct 26, 2007 18:24 EEST
October 26 (SeeNews) - Italian energy group Enel acquired for an undisclosed sum Romanian company Blue Line, which holds the rights to develop wind power projects in southeastern Romania, Enel said on Friday.
“Enel takes an important step in establishing a position in the renewable energy sector in Romania in line with the company’s strategy […] where renewables play a significant role”, the company said in a statement.
You can download the 2023 Renewable energy in Romania report here
Blue Line holds the rights to develop wind power projects with a potential capacity of approximately 200 MW. They are due to become operational in 2010.
Officials of neither company were immediately available to provide more details on the projects.
Enel said its hydroelectric, wind, geothermal, solar and biomass facilities have 19,000 MW capacity.
Enel acquired earlier this year Romanian power distributor Electrica Muntenia Sud for 820 million euro ($1.2 billion). In 2005, Enel acquired another two Electrica units, Electrica Banat and Electrica Dobrogea.
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