Agrofam Wants To Develop Solar Power Project Worth EUR50M In Fetesti
May 28th, 2012 |
Romanian group Agrofam plans to develop a solar power project in southeastern Romania, in partnership with an Austrian company, Agrofam owner Stefan Poienaru told a news conference Thursday.
According to Poienaru, the photovoltaic panels will be installed on a 50-ha plot of land in Fetesti.
The investment is estimated at over EUR50 million, he said, adding that Agrofam is in advanced negotiations with an Austrian company for a partnership in the project.
According to Poienaru, construction works will start next spring.
Agrofam also plans to develop a sheep farm, possibly in partnership with an investment fund from Qatar, he added. The investment will be worth EUR4 million.
Agrofam was set up 20 years ago. The group has a turnover of about EUR25 million and employs 350 people.
The firms that make up the group specialize in animal breeding, farming and grain trading.
By Ioana Tudor
ZF
Posted in Energie