Spectator on facebook

Spectator on facebook

Enel's investment plan reveals plans to build wind power station

ACCORDING to the strategic investment plan introduced by Enel, the Italian power producer slated to buy a majority stake in Slovenske elektrarne, the company intends to build several new power stations. It will construct one new wind power station and a system of small water power stations on the Ipel River, the daily SME reported.

Enel also obliged itself to finish construction works on Mochovce nuclear power station and to modernize Slovakia's coal power station in Novaky. Enel promised to increase the output of the second block of the Jaslovske Bohunice power station as well.

Economy Minister Pavol Rusko is satisfied with the strategic plan. "We completed negotiations with the investor on Sunday," he said.

The total cost of the investment is expected to reach Sk74 billion (€1.9 billion). Part of the required investment funds will come from SE's own budget, with Enel providing the rest. Slovenske elektrarne does not expect to pay out any dividends until at least 2012.

Compiled by Magdalena MacLeod from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

How rock music helped bring down the totalitarian regime Video

A new film shows that Rock & Roll, forbidden in the Soviet Union, helped to end the Cold War.

Illustrative Stock Photo

Movies under an open sky feel differently than in an air-conditioned cinema Photo

The popularity of outdoor cinemas is increasing in Bratislava

Bažant Kinematograf on the Magio Pláž beach

Peter Sagan announces split with his wife Katarína

The Slovak cycling star who has a young son said “It will be much better this way”.

Peter Sagan marries Katarína, November 2015.

Top 3 news from Last Week in Slovakia Video

Slovakia to buy 14 American fighter jets.

This archive picture from 2014 shows an older model of the F-16 fighter jets.