Bloomberg News

Repower to Invest $320 Million in Romania Over 10 Years, ZF Says

May 15, 2012

Swiss utility Repower AG plans to invest 250 million euros ($320 million) in power-generation projects in Romania during the next 10 years, Ziarul Financiar reported today, citing Ambrogio Cassini, the manager of the company’s Romanian unit.

Repower Romania is in talks to acquire two wind-farm projects and may also invest in medium-sized hydropower plants, the newspaper cited Cassini as saying.

To contact the reporter on this story: Irina Savu in Bucharest at isavu@bloomberg.net.

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net


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