Wind energy at close range

The Norwegian holding company Vardar Eurus has purchased 25 per cent of the Estonian wind energy company OÜ Roheline Ring Tuulepargid. The latter owns three wind parks which have an overall capacity of 16,1 MW. A fourth wind park with the planned capacity of 6,9 MW is being developed.

Vardar Eurus is owned by Vardar AS (70%) and NEFCO (30%). The new investment will strengthen Vardar Eurus´ position as the largest producer of renewable energy in Estonia.

Vardar Eurus is owned by Vardar AS (70%) and NEFCO (30%). The new investment will strengthen Vardar Eurus´ position as the largest producer of renewable energy in Estonia.

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NEFCO’s previous investments in wind energy