Our Group’s portfolio includes the construction and operation of the first, and until today biggest, wind farm in Cyprus, of a capacity of 82 MW. To fully diversify our portfolio, and exploit the benefits of both the renewable energy sources that our country offers, as well as conventional fuels with low carbon emissions, we are developing at the moment additional projects in Cyprus, of a total capacity of 250 MW. These projects, when operational, will allow us to participate immediately in the electricity market in Cyprus, by selling the electricity produced as an independent supplier, through a subsidiary company fully licensed by the Cyprus Energy Regulatory Authority to sell electricity to retail customers.
Our main partners and associates, which includes among other European Investment Bank (EIB), Commerzbank, Nord LB bank, ING Bank, Eurobank, Piraeus Bank, Ancala Partners, Wartsila, Green Asset GmbH, Suntech, Siemens and Electricity Authority of Cyprus, are key to success to our business plan and our further expansion in the European and international energy market.