EDF Energies Nouvelles buys wind power interests in Poland
The French company acquired Polish group Starke Wind that has a portfolio of wind projects totaling some 650 MW
Paris, September 12, 2012 — French renewable energy group EDF Energies Nouvelles made two acquisitions in Poland, thus entering the Polish market.
The French company acquired Polish group Starke Wind that has a portfolio of wind projects totaling some 650 MW. Construction works on two projects, with a respective capacity of 58 MW and 28 MW, may begin in 2013, while other projects with a capacity of some 150 MW are at an advanced stage of development.
Meanwhile, EDF Energies Nouvelles purchased the Linowo wind project, in northern Poland. The wind farm, which will be brought into service in late 2012, is already under construction, and will comprise 24 Vestas turbines.
EDF Energies Nouvelles said that the two deals were concluded in an economic and regulatory environment in a country that favors the development of renewable energies.
Poland has set a target to achieve 6 GW of wind capacity by 2020, compared with 1.6 GW at the end of 2011. Moreover, the eastern European country has good wind conditions and is working on improvements to provide investors with better prospects for the long-term, according to EDF Energies Nouvelles.