Given the South Eastern Mediterranean's well-suited weather conditions, we are investing in a portfolio of wind assets that will have a total capacity of approximately 150 MW. EuroEnergy operates two wind farms in Southern Greece with a combined installed capacity of 42 MW. Two more wind parks in Northern Greece with a combined capacity of 28 MW are in the development stage, having acquired connection and environmental approval terms and have completed wind measuring studies according to industry standards. We are also exploring opportunities to acquire or form joint ventures with operators that own developed licenses and assets in order to accelerate our growth in the sector.
Technology advances are continuously improving the efficiency of wind farms, increasing their viability as a contributor to achieving RES targets in grid-connected applications.