Given the current conditions in the financial markets, the fact that funding has been obtained for the “Glenough Project” is a positive sign,” says Carsten Pedersen, chief operating officer, sales and marketing.
The project developer plans to operate the wind farm itself via its subsidiary Eurowind, thus entering a new area of business. This location is characterized by very good wind speeds of an average of over 9 m/s. In this way, Glenough will be able to produce some 120 gigawatt/hours of clean electricity and prevent some 100,000 tons of carbon dioxide emissions.
