EVN to Enlarge Renewable Energy Production and Expand into Russia

EnergyRenewables ♦ Published: December 17, 2012; 16:07 ♦ (Vindobona)

The Vienna-listed energy producer wants to change its energy production portfolio. The hydro power, wind power and solar power production will be enlarged.

EVN to Enlarge Renewable Energy Production and Expand into Russia / Picture: © Vindobona.org

According to CEO Peter Layr, EVN will invest more than € 800m for the enlargement of its renewable energy production. The production of wind power will be tripled. Besides that, EVN plans to expand into Russia. The Austrian energy company plans to build a waste incineration plant. According to management board member Stefan Szyszkowith, EVN wants to gain a joint venture partner. In…