ČEZ buys into massive Polish wind farm group

ČEZ buys major stake in Polish wind power giant with capacity from projects being developed equalling that of a conventional nuclear plant

Companies|Energy & Green Biz

Chris Johnstone | 01.02.2012

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The Eco-Wind Construction deal takes ČEZ a long way to achieving its renewables acquisitions target

State-owned power giant ČEZ has announced the purchase of around two-thirds of one of Poland’s biggest wind power companies, which has projects in the pipeline that will deliver capacity equal to that of a conventional nuclear reactor. ČEZ is seeking to buy up renewables abroad, mostly wind and hydro projects, to tap a stable flow of earnings once construction of its proposed two new Temelín nuclear reactors has started.

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