Continental Wind Partners LLC and CEZ Group concluded the sale of CWP's adjacent Fantanele and Cogealac wind farms in Romania to CEZ.
The two projects will together be the largest onshore wind farm in
Europe, with a total capacity of 600MW. The total investment of the CEZ
Group into the project will reach € 1.1 billion. Construction of civil
and electrical works will start in September and the turbines will be
erected from April 2009 to June 2010, becoming operational in stages as
they are installed. By the end of 2009, 345MW will be producing power,
with the remaining turbines being commissioned the following year. CWP
will manage the construction of the wind farm, which will be built by
major international construction firms.? All related technical
components of the project (transformers, cables, etc) are secured and
will arrive on site in time to commence operations according to
schedule.
