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Erg: Poland, acquisition of Vortex Energy for wind farm

Overall investment amounts to approximately 36.5 million euro

23 October, 16:28
(ANSA) - BELGRADE, 23 OTT - ERG has finalised with the Vortex Energy group the acquisition of a 100% equity stake in EW piotrków kujawski SP. z.o.o., the owner of authorisations for the construction of a 24.5 MW wind farm in Poland, ERG said in a statement today.

Annual output when fully operational is estimated at about 76 GWh. Construction is scheduled to start in November and the facility is expected to be completed in 2022.

The overall investment for construction of the wind farm, including the price paid to acquire the building permits, amounts to approximately 36.5 million euro, ERG said. (ANSA).

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