Italgen sells its wind activities in Turkey
Italgen sells its wind activities in Turkey
01/04/2011
As part of Italcementi Group’s international strategy and to enhance the Turkish assets, our Company has positively evaluated the bids for assets disposal in the country reaching an agreement with Enerjisa (jv Sabanci-Verbund) for the sale of Italgen Elektrik Uretim, the company developing a 142.5 MW wind farm project in Balikesir since 2008.
In a three year-period, Italgen has led one of the largest energy sector projects in the country from the permitting to the civil construction phase thanks to the know-how gained in Bulgaria (where two wind power plants of 18 MW are in operation), Morocco (where a wind farm of 5 MW is currently under construction) and Egypt (where one of the major wind energy projects in the Mediterranean Rim is under development with an initial capacity of 120 MW).
