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Spanish-Bulgarian company to invest 174.9 million leva in wind generators

Date: 27.09.2007

Spanish-Bulgarian company Eolica Bulgaria JSC will invest 174.9 million leva in a project for construction of wind energy park near the coastal city of Varna, InvestBulgaria Agency reported.

The park will be of 60 MW and will be connected to Bulgaria’s national energy system.

Eolica will construct the infrastructure needed and will reconstruct the existing municipal infrastructure.

The park will spread on 1.2 million sq m. Its construction will open 700 temporary and 10 permanent work places.

Eolica chose the place for the park considering the wind and the environmental protection. The terrain is outside the territories included in the European environmental network Natura 2000, the way of the migrating birds and is of no danger to the local flora and fauna.

On September 25 2007, InvestBulgaria Agency awarded Eolica first class investor because of the project.

Eolica Bulgaria is 35 per cent Bulgarian and 65 per cent Spanish company. The Spanish partner Eolica already develops wind energy projects in Spain and other countries.

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