Romania: Marguerite Fund and EnerCap Power Fund buy stakes in 80MW Chirnogeni wind farm

The Marguerite Fund has bought a 50 percent stake in the Chirnogeni wind farm located in South-East Romania, from the Cyprus-based developer EP Global Energy, which will keep a 20 percent share of the project. EnerCap Power Fund, the Prague-based private equity fund, acquired the...

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Romania: Marguerite Fund and EnerCap Power Fund buy stakes in 80MW Chirnogeni wind farm



Ovidiu Posirca - Business Review - 14.11.2012

The Marguerite Fund has bought a 50 percent stake in the Chirnogeni wind farm located in South-East Romania, from the Cyprus-based developer EP Global Energy, which will keep a 20 percent share of the project. EnerCap Power Fund, the Prague-based private equity fund, acquired the remaining 30 percent stake.

The project is located between the municipalities of Chirnogeni and Independenta, in the county of Constanta. The wind farm is expected to start commercial operations in early 2014.

Source: business-review.ro


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