According to the company, the deal is said to be an investment of E863 million. The agreements represent over 720MW of sustainable energy capacity. Construction of the projects is expected to start in 2009, said Econcern.
Ad van Wijk, chairman of Econcern, said: “Econcern has growth targets and these deals show that investment in sustainable services remains despite the current situation with the financial markets.”
Econcern is sustainable energy services provider which also drives climate change services. Our mission is to ensure a sustainable energy supply for everyone. With over 1,200 employees in about 20 countries, Econcern is holds a group of experts in sustainable energy and energy saving services.
Headquartered in Beijing, CNOOC is a state-owned oil company in China as well as an offshore oil and gas producer. It is authorised to cooperate with foreign partners for oil and gas exploitation in China’s offshore areas, claims the company.
