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EC BREC Signs Wind Farm Development Agreement With Wysak
0 Comments | Renewable Energy Today, April 1, 2005
WYSAK Petroleum recently announced it has signed a letter of intent (LOI) with the European Commission Baltic Renewable Energy Centre (EC BREC) to assist the company in the development of the Wysak Wind Power Project.
According to Wysak, the LOI states that EC BREC can support Wysak in matters such as financial structuring and investment, regulatory issues, government policies, negotiations and wind technologies.
Wysak said the project is expected to cost upwards of $120 million in development expenditures and supply more than 170,000 megawatts of electricity annually to Poland and the European region.
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Contact: Wysak, phone 206-652-3310, website http://www.wysak.com.
(EIN STAFF: 3/30)
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