Two investment funds bought an 80 MW wind project in Constanta
2012-11-16 12:48:14
Investment Fund
Marguerite and Czech-based Private Equity Fund EnerCap Power expanded
their wind farm portfolio with an 80 MW project in Chirnogeni, in the
county of Constanta, after buying an 80 per cent stake from
Cyprus-based EP
Global Energy investor.
Investment Fund Marguerite acquired
a 50 per cent stake in the Chirnogeni wind farm, while EnerCap Power
bought a 30 per cent stake, according to a release by the law firm
Salans. EP
Global Energy will keep a 20 per
cent stake in the wind farm. Financing was raised from the European
Bank for Reconstruction and Development (EBRD), Erste Group Bank, ING
Bank and UniCredit, according to a Marguerite press release. The wind
park will be located between Chirnogeni and Independenta and it’s
expected to be operational starting 2014
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