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Electrica takes over 207 MW wind and solar portfolio from Monsson

Electrica has announced it bought shares in three Monsson’s firms engaged in the development of renewable energy projects.

Electrica paid EUR 13.2 million for the three firms, but the final price will be determined after all details are confirmed, according to the local media.

The first contract relates to the Crucea Power Park which is developing a 121 MW wind project called Crucea Esta and storage capacity of 60 MW. The price is EUR 8.47 million. Sunwind Energy intends to build solar power plant Satu Mare 2 with an installed capacity of 27 MW. The firm is paid EUR 1.485 million. Electrica also bought New Trend Energy, a firm which is developing the 59 MW Satu Mare 3 photovoltaic plant, for EUR 3.24 million.