Skip to content
Advertisement

Business

Zl.200 million wind power plant planned for Legnica

Energia Invest (EI) intends to construct a wind power station costing around zl.200 million close to the Turow power plant in Turoszow near Legnica in Southwest Poland. "We want to build 24 windmills generating 1.8 Mw each," said Marek Terelak, member of the supervisory board of EI, which is owned by a group of local businessmen. Terelak promised that if the company receives the necessary permission on time, then the first windmills could be completed in the middle of next year. "The project will be financed by investment funds. However, we are not in a position to reveal their identities at present," Terelak added. According to a company estimate, a return on the investment is expected within 12 years, although the success of the project depends on whether long-term contracts can be concluded with customers. EI is also considering the construction of a conventional power plant. The cost would be around $600 million, with the funding expected to come from US investors. (Puls Biznesu, p 6) A.Z.

More from Business All