Copenhagen, 5 December 2011
Company Announcement No 51/2011
Works restart on all 16 turbines of the Cagliari II project
Greentech Energy Systems A/S has been informed that the judge of the preliminary investigations of the Court of Cagliari has authorised the Italian subsidiary Energia Alternativa to finalise the works on all the 16 turbines of the Cagliari II project.
Peter Høstgaard-Jensen, Chairman of Greentech, commented:
"During the last years, Greentech has invested heavily in Sardinia (Italy) becoming one of the island’s most important renewable energy producers. We are very happy that all administrative outstanding issues are being solved with the local authorities and that we are able to finalise an important asset of our Company by installing these additional 24 MW in the Cagliari area as an extension of our existing 21 MW of the Energia Verde project.”
The Board of Directors
For further information, please contact:
Sigieri Diaz della Vittoria Pallavicini, CEO, tel: +45 33 36 42 02
Peter Høstgaard-Jensen, Chairman of the Board of Directors, tel: +45 40 10 88 71