Renewables

OMV Petrom selling wind farm in Dobruja?

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October 16, 2015

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Published:

October 16, 2015

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OMV Petrom SA plans to sell the 45 MW wind power plant it holds in Dobruja, as part of a larger plan to optimize business following the global drops in oil price, Mediafax reported. The report, published by Business Review magazine, adds the facility was built in 2011 from an investment of EUR 90 million.

Recent measures halved the number of green certificates, compelling investors to look for other options and to cut expenses. Monsson Group said in August it is taking down its 27 MW wind farm in Târgușor in Constanța county.  Electrica SA revealed it is considering outsourcing both of its wind power projects due to adverse changes in the renewable sources regime.

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