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Friday, October 09, 2009

RES Announces Acquisition of 500 MW of Wind Power Projects in Turkey

"RES Announces Acquisition of 500 MW of Wind Power Projects in Turkey
Friday, Oct 09, 2009

RES1 has today announced that it has concluded the acquisition of a portfolio of wind power projects in the Turkish market. This acquisition, representing close to 500 MW of capacity, is the first important step for RES into this market, which has a large untapped economic potential for wind power generation. These projects, at different stages of development, are due to be realised over a period of 3 to 4 years and the first generating licence is expected to be granted within the next few months. They represent a potential total investment of nearly 750 M€."

More:Your Project News - RES Announces Acquisition of 500 MW of Wind Power Projects in Turkey