Denmark’s Vestas to sign agreement for 250 MW Ras Ghareb plant today

The New and Renewable Energy Authority (NREA) is set to sign today a final contract with Denmark’s Vestas to establish a EUR 260 mn, 250 MW wind power plant in Ras Ghareb, the local press reports, citing unnamed sources. The NREA had awarded the tender to Vestas back in February. The German Development Bank (KfW) and a number of European institutions will finance the plant.