This makes the Portuguese group the second largest investor in Romania wind, in terms of installed capacity, after Czech CEZ. Third place goes to Italian utlity Enel.
EDP official Rafael Solis said the Cernavoda wind farm has an installed capacity of 69 MW.
The company currently has an installed capacity of 228 MW in Romanian wind farms. At the end of 2010, the company had completed the installation of a 90 MW wind farm.
Considering that one megawatt of wind power requires an investment of some EUR1.5-1.7 million, the company has invested between EUR340 million and EUR390 million in the operational 228 MW.
“EDPR has more than 600 MW in various stages of development. Right now, the company is building two wind farms with an installed capacity of 57 MW,” Solis added.
According to data from national power grid operator Transelectrica, the Portuguese company is planning a 30 MW project in Tecuci, Galati, a 52 MW project in Vutcani and Albesti, Vaslui, and a 26 MW project in Cobadin, Constanta.
Energias de Portugal has entered the Romanian market in 2008. At that time, the group bought projects cumulating 736 MW, in various stages of development, when it took over 85% stakes in the companies developing these projects, Renovatio Power and Cernavoda Power.