German Company N-Vision Invests EUR 300 in Bulgaria Wind Power Parks

Business » ENERGY | April 3, 2009, Friday // 17:52

The German company N-Vision Energy is going to invest about EUR 300 M in the construction of two wind power parks in Bulgaria.

The wind parks with a total capacity of 241 MW are supposed to be completed by 2011, the Pari Daily reported. However, N-Vision energy still has not announced where in Bulgaria exactly the wind parks will be located.

About 75% of the planned investment of EUR 300 M are to come from bank credits.

The news about the projected N-Vision Energy investments in Bulgaria comes several days after on Tuesday another German company, Enertrag, announced it was planning to invest EUR 1 B in three wind power stations close to the city of Dobrich in Northeast Bulgaria.

 

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Tags: wind power, wind energy, N-Vision Energy, Dobrich, Northeast Bulgaria

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