China CEE, Israeli Enlight, Team Up to Develop Polish Wind Farms


Marszewo wind farm

China CEE Fund and Israeli Enlight Renewable Energy will invest $1.3 billion zlotys ($406 million) in two Polish wind-power projects that are expected to generate 250.5 megawatts of installed capacity. The wind farms, Wroblew and Project 2 were developed by GEO Renewables. Wroblew is expected to be finished in November and Project 2 is scheduled to be functional by 2015. GEO will still retain minority ownership.

China CEE will own 49.9% and Enlight will have a 50.1% stake. China CEE said it had around $500 million to invest in similar projects in Eastern Europe over the next three years.



Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.