European Investment Bank and UniCredit have provided a total funding of EUR107.4 million (US$127.24 million) to a wind farm in Austria.
The 26-turbine project will be installed in the municipalities of Gols and Mönchhof in Burgenland. It will have a capacity of 143 MW and will provide around 90,000 households with electricity produced from renewable sources.
Construction of the wind farm was launched in autumn 2019 and it is expected to reach completion at the end of 2021.
The facility will be ran by PÜSPÖK Group.
Country updates
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July 22, 2020
OMV, VERBUND starts the construction of 14.85 MWp solar PV project in Schönkirche
OMV AG and Verbund AG has started the construction of a solar project with 11.4MWp capacity on a 13.3-hectare (133,200 m²) compound owned by OMV, located in Schoenkirchen-Reyersdorf, Lower Austri...
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January 15, 2020
BayWa offloads 17.25 MW Fuerstkogel wind project in Fischbach and Stanz
BayWa r.e. has completed its new wind farm in the Austrian Alps built by its wholly-owned subsidiary ECOwind. The Fürstkogel wind farm was constructed in the communities of Fischbach and Stanz in...
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January 07, 2020
Bushveld Minerals, others acquire 24.9% stake in Enerox GmbH
A consortium of companies including Bushveld Minerals has completed the acquisition of a 24.9% interest in Enerox GmbH, an Austrian firm producing vanadium redox flow batteries (VRFB). Enerox, (...
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November 14, 2019
Bushveld Consortium plans takeover of Enerox GmbH
CellCube Energy Storage Systems Inc. has signed a term sheet setting out the main terms and conditions with a consortium of investors led by Bushveld Energy that would acquire the entire issued share...
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June 13, 2019
EnBW, VIW completes the construction of 360 MW Obervermunt II pumped-storage hydropower project in Montafon
EnBW Energie Baden-Württemberg AG and Vorarlberger Illwerke (VIW) has started the operation of the Obervermunt II pumped storage power plant in Montafon, Austria. The Obervermunt II was bui...
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