Czech CEZ invests in wind farm in Romania

The Associated Press
Published: August 27, 2008

PRAGUE, Czech Republic: The Czech Republic's dominant power utility, CEZ AS, said Wednesday it will invest a total of €1.1 billion (US$1.6 billion) in a 600-megawatt wind farm in Romania.
CEZ said the farm — located 10 miles (17 kilometers) from the Black Sea, north of the port of Constanta — is expected to become fully operational by the end of 2010.
The farm will eventually become Europe's largest onshore wind farm, CEZ said in a statement.
The Czech state owns a 65 percent stake at CEZ, which owns companies across central and eastern Europe.