Lukerg Renew to invest EUR 135 mln in wind park in Eastern Romania

Lukerg Renew will invest around EUR 135 million to build a wind farm in Eastern Romania, Tulcea region, after acquiring the wind project in late 2012.Lukerg, which is a partnership between Russian oil & gas firm Lukoil and the Italian energy group ERG, will begin building works...

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Lukerg Renew to invest EUR 135 mln in wind park in Eastern Romania



Ovidiu Posirca - Business Review - 15.01.2013

Lukerg Renew will invest around EUR 135 million to build a wind farm in Eastern Romania, Tulcea region, after acquiring the wind project in late 2012.

Lukerg, which is a partnership between Russian oil & gas firm Lukoil and the Italian energy group ERG, will begin building works this quarter. The farm is expected to start commercial operations next year. The company will use a long term non-recourse loan to finance the project.

Source: business-review.ro


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