NewEnergyNews More: IKEA BUYS MORE WIND

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    • Monday, October 3, 2011

    IKEA BUYS MORE WIND

    Ikea enters Polish wind market with €87.3 million deal
    Marcin Czekanski, 3 October 2011 (Windpower Monthly)

    "Home furnishings retailer Ikea has bought three wind farms in Poland from Martifer Renewables, a subsidiary of Portuguese Martifer SGPS…Ikea agreed to pay €87.3 million for wind farms totalling 56MW.

    "Two of the wind farms: Leki Dukielskie (10MW) and Bukowsko (18MW) are online, but the third project Rymanow [28MW] is expected to be commissioned in the coming months…"

    click to enlarge

    "All three wind farms are located in the mountainous Podkarpackie province in south-east Poland, which offers very good wind conditions of 7.5-8m/s.

    "…[For] Martifer… the sale of the wind farms in Poland was a result of [its] "asset rotation policy"…[while Ikea said] the transaction [will allow it to] meet half of its stores in Poland electricity demand with renewable energy…The retailer has projects in France, Germany and the UK."

    posted by Herman K. Trabish @ 10:21 PM

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