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Israel company Enlight builds 200 MW of windmills

11:36

Enlight, part of the Eurocom Group, one of the biggest Israeli companies, wishes to invest in Polish windmills. The project is going to cost € 200 million and will result in 200 MW of power. Enlight is worth nearly € 60 million. However, the company is expected to experience a constant rise. Now, it controls 18 percent of Israeli green energy market and wishes to expand its activity. Gilad Yafez, the company's boss states "Our plan is to build in Poland,  in cooperation with local partners, wind farms of 200 MW of power. The investment will be partially debt financed and partially by our and our partner's money." The negotiations are in the final stage, and the partner will be announced soon. First transaction will cover small projects, with only 36 MW of total power. The company sees Poland as a developing market and wishes to invest despite law diffculties.  

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