European Business Briefs; wind energy, flood repair and flood barriers
In this week’s European Business Briefs, wind power in Belgium and Germany, a Russian flood barrier project and a Czech flood repair operation.
Vestas Wind Systems A/S has received an order for 42 wind turbines via its German subsidiary, Vestas Deutschland GmbH. The order, worth €69 million, will be delivered by summer of 2003 to Brandenburg, North Rhine-Westphalia and Baden-Vurttemberg. Vestas Wind Systems has also been asked to supply 50 offshore 2MW turbines to a Belgian wind project run by the Temporary Association Electrabel – Ondememingen Jan de Nul. The Seanergy installation will be completed by 2004.
The European Bank for Reconstruction and Development is handling a Russian public-sector deal worth €233 million. The Bank is providing an 18-year loan to the Russian Federation for a flood barrier project.
The European Investment Bank has signed a loan with the Czech Republic to finance the repairs of damages caused by the floods in August 2002. The loan covers €400 million worth of reconstruction.
BASF has released its sustainability report which has come first in two of the categories assessed by UNEP: top of the chemical industry and top Germany company.
© Faversham House Ltd 2023 edie news articles may be copied or forwarded for individual use only. No other reproduction or distribution is permitted without prior written consent.
Please login or Register to leave a comment.