2019-08-21
http://w3.windfair.net/wind-energy/news/26866-russia-fortum-rostov-wind-energy-fund

Russian Rostov Region Interested in Wind Energy

Image: WikimediaImage: Wikimedia
Fortum-RUSNANO wind investment fund set up to build 600 MW of wind energy in Rostov region.

Official Press Release Fortum:

Fortum-RUSNANO wind investment fund to start cooperation in Rostov Region in Russia

The Government of the Rostov Region in Russia and Fortum-RUSNANO wind investment fund have entered into a non-binding cooperation agreement to build up to 600 MW of wind power plants in 2019-2022. A separate investment decision will be made for each project.

The Fortum-RUSNANO wind investment fund is a 50/50-owned investment partnership that was awarded the right to build 1,000 MW of wind power in Russia in 2018-2022 in the RES capacity selection auction that was held earlier in 2017. Fortum’s equity stake in the wind investment fund totals a maximum of RUB 15 billion (currently approximately EUR 220 million). Currently, Fortum is completing the construction of Russia’s first 35-MW wholesale power market wind park near Ulyanovsk. The wind park is to enter... ... More: Official Press Release Fortum

Keywords:
Russia, Fortum, Rostov, wind energy, fund







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