Israel company Enlight to build 200 MW of windmills
12:03
Enlight, part of the Eurocom Group, one of the biggest Israeli companies, wishes to invest in Polish windmills, reports Puls Biznesu. The project is going to cost €200 million and will result in 200 MW of power.
Enlight is now worth nearly €60 million, but it is growing fast. Now, it controls 18 percent of the Israeli green energy market and wishes to expand its activity further.
"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," said Gilad Yafez, the company's CEO
The negotiations are in the final stage, and the partner will be announced soon. The 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 here despite legal difficulties.