ANNUAL REPORT 2007 | 2008 - Gimv
ANNUAL REPORT 2007 | 2008 - Gimv
ANNUAL REPORT 2007 | 2008 - Gimv
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INVESTMENTS<br />
Electrawinds<br />
www.electrawinds.be<br />
Electrawinds, which was set up in 1998, is the largest private<br />
player on Belgium’s renewable energy market, producing, selling<br />
and distributing green electricity generated from inexhaustible,<br />
clean energy sources like wind, sun and organic material. As<br />
well as producing and operating wind farms, sun panel parks<br />
and biomass plants, Electrawinds is developing new possibilities<br />
and applications of renewable energy. Since August 2005,<br />
for example, Electrawinds has been operating a biomass plant<br />
in Ostend, where energy is obtained from chip oil, plant oils<br />
and cultivated oils. The company is also internationally present<br />
with projects in France, Italy, Romania and Bulgaria. In <strong>2007</strong><br />
Electrawinds achieved sales of EUR 38 million with 110 employees.<br />
Together with Gemeentelijke Holding, DF Infra+ invested<br />
EUR 20 million in a subordinated warrant loan.<br />
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