Steag acquires Monsson's 108 MW wind farm project in Romania

German electricity producer Steag GmbH acquired the 108 MW Crucea North wind farm project in Romania. The project in Constanta county was developed by Romanian Monsson Group, a private wind energy developer with a 2,400 MW portfolio of projects. Steag will invest around € 200 million in this wind farm, which will have 36 wind turbines of 3 MW supplied by Vestas.

Crucea North will evacuate the electricity to a new transformer station in nearby Stupina, which will connect to the 400 kV Transelectrica high voltage national grid. The project is envisaged to be operational by the end of next year and create indirectly around 100 new jobs. The wind farm, situated in the Dobrogea area some 50 km North-West of the port of Constanta, will form part of a larger wind farm complex with total capacity of at least 600 MW. Romania has committed to producing 38 % of its electricity from renewable energy sources by 2020 as its contribution to the EU-wide limitation of CO2 emissions.

“Steag has been active in Romania for ten years as project developer and engineering service provider. With the Crucea North project we extend our know-how in the field of wind energy,” explains Daniel Vosswinkel, who is responsible at Steag for the development of major renewable energy projects.

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