Marivent to build EUR 500mn wind-power farm in Pernik

The Greek energy company Marivent Ltd. is planning to invest more than EUR 500mn in the construction of an 800MW wind-power park in the western city of Pernik . The National Electricity Company will buy the generated energy for 20 years according to the contract. The project will be financed by own resources of the Greeks and EU funds and should be completed in less than 30 months. Marivent expects EUR 4.5bn revenues over the 20-year period.