The wind turbine installed by Eurowind Energy is the first of a total of 8 Siemens Gamesa SG 6.6-170 turbines, the largest type of wind turbine generator in Romania.
The project also includes a connection contract to the network operated by Distribuție Energie Electrică Romania, ensuring the integration into the national system.
Scheduled to become operational in 2025, the wind farm in Constanța County will incorporate a total of eight foundations corresponding to the eight turbines.
Lower discount rates make their future cash flows more attractive, leading to higher valuations.
Project will be co-financed from an EU program run by the Romanian Ministry of Energy.
The number of construction permits for residential buildings in Bucharest decreased with an annual rate of 4.2% in the first 9 months of 2024.
Energy and sustainability were pivotal topics of the event. Romania reaffirmed its ambition to achieve energy independence by 2030.
Romania has the seventh largest M&A transaction in Central and Eastern Europe in the first 9 months.The value of global transactions reached $1.6 trillion, up by 10%.