ERG embarks on construction of 21.6 MW wind farm in Germany
As per the agreement signed last January 12th, ERG along with Vortex Energy Group acquired full equity stake in Windpark Linda GmbH & Co to initiate construction of a wind farm in Germany owning a capacity of 21.6 MW and annual output of approximately 50 GWh commensurate with 39kt of avoided Carbon-dioxide emissions. The estimated investment is pegged at 30 million Euro. The future construction is to be situated close to the other wind farms owned by ERG which further advances the growth strategy.
The project has already obtained construction authorization and will take part in the auction process during 2018.
Image Source: ERG