Dutch joint venture plans zł.150 million wind power plant

The project will roughly cost zł.150 million. About 20-30% of the cost will be covered by the company itself, while the rest will come from loans. The plant is expected to come on line in October 2007. Around 50% of Eolica's shares belong to GES, which produced 26 million kWh of energy and posted a DKK 16 million loss (zł. 8.3 million), on revenues totalling DKK 15.8 million. Poland currently has one wind power plant under construction (owned by Polish Energy Partners with a 22MW capacity) and one plant which started energy sales two weeks ago (run by EEZ) and which expects to make an annual profit of zł.100,000 on 1 MW of energy (Puls Biznesu, p.12) J.L.