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25/08/2008
Martifer increases portfolio of Wind Farms under development in Poland

Martifer Renewables, a Martifer Group company for the electricity generation business area, has recently increased its project portfolio in Poland with two new wind farms under development. For the establishment of the partnerships an amount of 2,6 million euros was paid, with a further amount due if certain milestones are reached.

One wind farm in situated in PodKarpacie, southern Poland, has grid connection rights of 45MW and is already licensed for 28MW. It is expected that construction of this project can proceed before the end of 2009. The other project is a 36MW wind farm situated in the west-central region of Poland and is expected to start construction during 2010. Both projects are expected to begin production in 2010.

With these two projects, Martifer Renewables portfolio of projects in Poland reaches 541MW, including 28MW related to two wind farms under construction in the Krosno region.

Martifer Renewables has wind farms of 53,1MW in production in Germany since 2007 and is also building the first wind farms in Romania this year. The electricity generation projects from renewable sources under development by Martifer Renewables exceed 3000 MW.

 

Download: Press Release (304KB)