Hanalei Plans to Invest $49 Million in Romania

Hanalei Finance, a French private equity company, plans to invest as much as 35 million euros ($49 million) in renewable energy in Romania, Mediafax reported yesterday, citing Olivier Schorochoff, a manager at Hanalei’s Windtechnics unit. The company plans to start building next year a wind farm, with a total capacity of 30 megawatts, in the southern Romanian region of Dobrogea and a hydro power plant, at an unspecified location in the country’s mountain region, according to the ...

Developed by Codecraftsman