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NewsWhore
02-18-2009, 02:20 PM
President Leonel Fernandez yesterday was at the groundbreaking ceremonies for two wind power parks that will generate an estimated 50 MW of energy each. The parks will be built with initial investments of EU180.8 million by the Spanish company Inveravante. The parks will be built in the communities of Matafongo and Granadillos in the provinces of Peravia in the Southwest and Monte Cristi in the Northwest. Construction would take 9 to 10 months, according to Luis Garcia, technical director of Inveravante. According to Radhames Segura, vice president of the State Run Electric Companies (CDEEE), these new investments are signs there has been a reduction in the perceived level of investment risk of the DR. To read more about this company, see
http://www.cincodias.com/articulo/empresas/... (http://www.cincodias.com/articulo/empresas/Inveravante-explora-sur-Marruecos-levantar-parque-eolico/20080122cdscdiemp_16/cdsemp/)

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