EnergoBit is controlled by three former employees of former state-run energy company Renel Cluj and will be one of the first projects developed by Romanian entrepreneurs in the most attractive sector of the past few years.
Peter Pal, executive vice-president and one of the owners of EnergoBit, a group with a turnover of around EUR140 million last year, says a 67-ha plot in Tulcea has been provided under concession, where 9 turbines with an overall capacity of 27 MW will be installed. The company will come up with its own funding for the investment, as well as with bank funding. The wind farm is set to be completed by the end of next year.
“We have obtained the permit to build the wind farm in Tulcea and will start the investment in the coming period. We believe the farm will be functional by the end of next year,” Peter Pal told ZF Transilvania. The shareholders of EnergoBit are Peter Pal, Stefan Gadola and Ioan Socea, who are each executive vice-presidents.
(English version by Daniela Stoican)