Reuters: Germany's RWE quits Romania wind project due to bureaucracy
Thursday, January 20, 2011
Germany's RWE sold its majority stake in a 250 million euro ($335 million) wind energy project in Romania because of complicated bureaucracy, Ziarul Financiar newspaper quoted a company official as saying on Wednesday, Reuters reports. Ziarul Financiar also quoted a government source as saying the German utility company plans to announce it will also pull out of a minority share in a Romanian nuclear project. The wind energy park would have been located in the southeast Romanian county of ...