Israel Group Buys 160 mln Euro Wind Farm Project in Europe

An Israeli group agreed to buy the rights to a 105 MW wind turbine project

 

An Israeli group has agreed to buy the rights to a 105 MW wind turbine project in advanced development in central Europe that would cost 160 million euros ($180 million) to build. Enlight Renewable Energy and partner Migdal Insurance said they expect to fund the project with debt of up to 70 percent and are in talks for project financing. The group did not say where exactly the turbines were being built.

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