EDP Renováveis gets EUR 114 mln loan from IFC and EBRD for wind farms in Romania
“Supporting renewable energy projects is one of the EBRD’s key priorities. The Cernavoda wind farm will considerably scale up Romania’s wind generation capacity, helping the country to meet EU green energy quotas,” said Nandita Parshad, EBRD Director for Power and Energy.
The Cernavoda wind farms, located in the Dobrogea region of Romania, will together comprise one of the largest wind farms in the country. Cernavoda I, with 69 megawatts is already in operation, while Cernavoda II, with another 69 megawatts is currently being commissioned. The total capacity will represent a quarter of the total wind generation capacity in Romania.
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