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Italgen Buys Bulgarian Wind Unit
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Bulgaria has become the latest Eastern European country to bolster its wind energy ambitions. Photo by BGNES
Italgen, the energy generation arm of Italian cement giant Italcementi, has acquired a 49% stake in Gardawind, the owner of two Bulgarian wind farms with total capacity of 18 MW, the company announced.
The price of the deal was not disclosed.
The wind farms of 9 MW each are located in the Kavarna region, of which one is already operating while the other is currently under construction.
Kavarna I wind farm was started by Leitwind in September 2009, with the installation of self manufactured turbines, resulting from the technological know-how of the Leitner Technologies Group which is based on a direct drive generator concept.
So far, Italgen has mainly operated in Italy serving the energy needs of the Italcementi Group.
Currently 100% of the energy produced comes from renewable sources, specifically from 14 water power stations located in Piedmont, Lombardy and Veneto, interconnected by means of own HVDC lines for a total length of approx. 400 kilometres.
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