Americans To Invest 200 Million Euros In Dalmatian Wind Farm
- by croatiaweek
- in Business
It is expected that by the end of this month permits and licences to build the largest wind farm in Dalmatia will be approved. Entrepreneur Gerald W. Monkhouse, founder of U.S energy giant Cannon Power Group, plans to invest 200 million euros in the project in the Konavle region near Dubrovnik.
Daily newspaper Slobodna Dalmacija reports that after 15 months of waiting for the Croatian Government to finally accept the environmental study, the largest planned investment in the southern most county in Croatia looks set to be realised. The wind farm will feature around forty individual windmills with a power of 2.75 MW(megawatt
“The wind farm will be built on the border of Croatia and Bosnia and Herzegovina, from Veljeg Dol to Duba Konavoska and Stravca, with a combined power of 120 MW,” said project manager Renci Pecotic.
