The European Bank for Reconstruction and Development is considering providing financing to EDP Renovavies for the construction of two wind farms with combined installed capacity of 228 MW in Romania, the bank said.
EBRD provided no financial data about the value of the planned financing.
The project, located in the southern region of Dobrogea, about 100 km inland west from Constanta Black Sea port, comprises the Pestera (90 MW) and the nearby Cernavoda (138 MW) wind farms, EBRD said in a press release on Wednesday.
The wind farms are at advanced stages of development with construction works started and have obtained environmental and construction permits in line with national requirements. None of them is located in the Natura 2000 areas.
EDPR is the world’s third largest wind energy company with installed capacity of 6,227 MW at year-end 2009 and another 739 MW under construction. EDPR has an active presence in Portugal, Spain, France, Belgium, Poland, Italy, the UK and Romania, the U.S. (43% of EDPR’s installed capacity), and Brazil.