A German power company has bagged funding for a €200 million (£165.7m) wind farm in southeastern Romania

The European Development Bank for Reconstruction and Development (EBRD) and Estre Group Bank is providing €49 million (£40.6m) each while Banca Comercial? Român? (BCR) will provide a €27 million (£22.4m) loan. STEAG GmbH will use the cash towards the construction, commissioning and operation of the 108MW Crucea North wind project in the Black Sea region of Dobrogea. The wind farm will include 36 ...

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