WPP Gorichane OOD has sold its 80MW Gorichane and Prolez Wind Farms projects to Finnish investor Taaleri Energia, marking a significant advancement in Bulgaria's renewable energy sector.
Information on the Target
WPP Gorichane OOD is a prominent wind power developer based in Bulgaria, known for its commitment to advancing renewable energy projects in the region. The company has successfully finalized the sale of its 80MW Gorichane and Prolez Wind Farms projects to Taaleri Energia, a Finnish renewable energy investor. With the new partnership, WPP Gorichane plans to collaborate with Taaleri Energia over the next two years to advance the projects to the ready-to-build stage.
The Gorichane and Prolez Wind Farms projects, located approximately 5 kilometers west of Shabla in northeast Bulgaria, hold significant potential for renewable energy generation. These projects are notable for introducing the latest wind turbine technology to Bulgaria, with turbines capable of producing up to 8MW each. Upon completion, they will rank as the third-largest wind power operator in the country.
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Industry Overview in Bulgaria
Bulgaria has been steadily developing its renewable energy sector as part of larger efforts to transition towards sustainable energy solutions. The country's diverse geographic landscape provides optimal conditions for wind energy generation, partic
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Taaleri Energia
invested in
Gorichane and Prolez Wind Farms
in 2023
in a Joint Venture deal