Czech Arca Capital to Invest in Romania

EnergyRenewables ♦ Published: May 12, 2014; 22:55 ♦ (Vindobona)

As reported by daily E15, Czech investment group Arca Capital is planning to make a huge investment in Romania.

Czech Arca Capital will take over a windmill project by Italian energy group Enel. / Picture: ©

The investment company owned by the Czech billionaire Pavol Krupa, is planning on investing CZK 6.9bn (€ 251.813m) in wind farms in Romania. According to the daily, Arca Capital plans on taking over a wind farm project of Italy energy company Enel. The capital resources will be offered by a Chinese lender.