€10 million in a new wind plant in Oravita

LC Business SRL said it planned to invest around €10 million in the construction of a new 9-megawatts wind plant in Oravita, Caras-Severin. 30% of the total cost will be covered from European funds and the remaining 70% from own resources, said the managing director of the company, Lucian Perescu.“The wind plant should go into operation in October this year. We have all the necessary authorizations”, said Lucian Perescu.The wind plant will boast six turbines that will generate 1.5 ...

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