Massimo Moratti, who runs the Italian oil group owned by the the Moratti family, has sold 70% in football club Internazionale Milano for an estimated EUR250 million to a trio of Indonesian businessmen, led by Erick Thohir.

“The original project of the wind farm provided for the installing of 39 turbines with an authorized capacity of 97.5 MW and an investment of around EUR200 million. (…) But the process to obtain the setting up permit was suspended because of the changes to the support scheme announced in the first quarter of this year and published in June 2013,” Saras representatives said.”

Asked if this means the Italian group withdraws from the wind project, Saras representatives said:“So far no decision has been made on this.”

Up until this summer Romania had the most generous green energy support scheme in Europe, which led to investments of around EUR3.5 billion in wind projects. But pressured by major industrial energy consumers, the Ponta Government decided to temporarily cut this scheme by delaying the granting a number of green certificates. They will be recouped between 2017 and 2020.

(English version by Daniela Stoican)