Eurus Energy Joins Maluni in Two Wind Power Projects in Italy

Eurus Energy Holdings Corp., a Japanese clean energy developer, has invested in two Italian wind projects owned by Maluni Srl.

The Tokyo-based company now owns a 50 percent stake in each of the stations in Calabria, Eurus said in a statement today. No financial terms were disclosed.

The plants, which began operating in 2008 and 2009, have a combined capacity of 31 megawatts.

The investment brings Eurus’ total wind power capacity in Italy to 200 megawatts, according to the company.

Toyota Tsusho Corp. owns 60 percent of Eurus and Tokyo Electric Power Co. the rest.

To contact the reporter on this story: Chisaki Watanabe in Tokyo at cwatanabe5@bloomberg.net

To contact the editors responsible for this story: Reed Landberg at landberg@bloomberg.net Jason Rogers, Madelene Pearson

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