WKN Windkraft Nord AG and WKN France SASU have sold wind energy projects to Enel Erelis, a French subsidiary of Enel SpA. The projects acquired by Enel Erelis include new wind energy sites in France at various stages of development totalling 120 megawatts. Some of the projects will enter service as early as 2009. Enel is Italy’s largest power company and Europe’s third-largest listed utility by market capitalization.
Following the acquisition of the WKN turn-key wind farm Snyder in Texas, USA, at the end of 2006 and the conclusion on four French projects beginning 2007, this is another transaction completed with Enel. Wind farm Snyder started operation December 2007 with a total of 63 megawatts.
“We are very pleased to have continued our cooperation with Enel”, said Martinus Scherweit, CEO of WKN AG. “For WKN, after all there is still a lot to do on the French market as we are working on various further projects in several regions of France.”
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