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Tuesday, October 08, 2013

Wind news - Turkey's Erdemoğlu Holding fronts $100m for Istanbul wind project

Turkey’s Erdemoğlu Holding fronts $100m for Istanbul wind project
7 Oct 2013

Turkey-based Erdemoğlu Holding will invest $100m into a wind project in Istanbul’s Çatalca district.

The plant, which is due to begin operating in 2014, currently has 52.5MW of generation capacity, according to Balkans Business News. The $100m investment will improve electricity generation, such that the plant will produce 200m kWh per year.

More:Wind news - Turkey's Erdemoğlu Holding fronts $100m for Istanbul wind project