The project is not new, but Max Boegl put it on hold in 2014, when the support scheme for green power projects in Romania underwent significant cuts, causing the market to freeze. Romania seems to be at the beginning of a new wind power boom now, as recent deals and investment announcements prove it.
BTG Wide Consulting, the partner of Max Boegl for the investment that may amount to as much as EUR150 million, has three owners, according to publicly available data. One of them is Miorita Videanu, wife of Adriean Videanu, who served as economy minister in 2008-2010 when the legislation was issued that spurred the first wave of wind power investments (2009-2014) and investors spent more than EUR4.5 billion.
Max Boegl and Videanu family representatives could not be reached for comment by press time.
(English version by Loredana Fratila-Cristescu)