Home Facts industry

S.Korea STX Group in $428 mln Europe wind power deal

S.Korea STX Group in $428 mln Europe wind power deal

Write: Lindsey [2011-05-20]
SEOUL, Dec 23 - South Korean shipping-to-energy business group STX said on Wednesday it had agreed to develop a 300 million euro ($427.6 million) wind power project in eastern Europe.

STX said in a statement that it had signed a deal with a Polish consortium to develop the 220-megawatt project, under which an STX unit will provide wind power generators to different eastern European countries between 2010 and 2013. ($1=.7016 Euro)