News | Energy Efficiency

http://www.newenergyworldnetwork.com/renewable-energy-news/by-technology/wind/italy-based-renewable-energy-company-alerion-secures-rights-to-develop-wind-farm-in-romania.html

Alerion Clean Power, a renewable energy company listed on Borsa Italiana, has received full authorisation to build a wind farm with a total installed capacity of 64.8MW in Romania through its subsidiary Compania Eoliana.

Following a total investment of €85m covered by Alerion’s financial resources and project financing efforts, the wind farm will be built in the Auseu and Borod municipalities in the north-east of Bihor County in Romania, the company said.
The project, which will incorporate 36 turbines, is slated to have an annual production of around 155GWh.
Alerion CEO Giulio Antonello said, ‘The authorisation of our first international farm represents an important milestone in our growth strategy and confirms that Alerion’s ability to deliver can be brought beyond Italian borders.’
According to Antonello, Alerion has further plans to expand internationally.
‘Internationalisation and geographical diversification will become a central element in Alerion’s growth strategy and shall soon turn Alerion into a relevant European player in the renewable energy industry.’