“The long-term strategy of the company includes a round of investments in Romanian market in renewable energy and natural gas storage facilities. We are considering building a Greenfield wind energy park with a power between 20 and 50MW, for which we are analyzing four possible locations. We have negotiated in the past, but the price didn’t meet our requirements. Within two years, we will start the construction works”, said Petre Stroe, managing director of EGL Romania.

Previously, the installation cost of 1-MW wind energy was EUR1.7 million, and now it fell down to EUR1 million.