Finance secured for Karaburun wind farm expansion

RENEWS.BIZ | Turkish company Alto Holding has secured financing for a $157 million expansion project which will almost double the capacity of its Karaburun wind from 132 to 252MW.

As part of the expansion Enercon’s new E-126 EP3 turbine - a further development of the manufacturer's direct drive technology - will be installed for the first time at a wind farm of its size.

LBBW and KfW IPEX-Bank are providing finance, seven years after the Karaburun wind farm was originally constructed west of the Turkish city of Izmir.

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