Unigea to Invest $807 Million in Greek Wind Park, Standard Says

Austria’s Unigea Erneuerbare Energien GmbH plans to invest at least 600 million euros ($807 million) in Greece to build 1,200 megawatts of wind-energy projects, Der Standard reported, citing the company’s chief executive officer.

CEO Hannes Schoeckler said that 400 megawatts already were approved and the company is counting on approval for construction by mid-2012, the Vienna-based paper said. The plants could go online in 2014 or 2015, according to the report.

Unigea is looking for partners for the project, the paper said.

According to its website, Unigea develops, builds, operates, and owns plants for wind energy and photovoltaics.

To contact the editor responsible for this story: Zoe Schneeweiss at zschneeweiss@bloomberg.net

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