ČEZ invests in wind energy projects

The Czech state-controlled energy giant ČEZ said on Wednesday it had sealed a deal to buy two Romanian wind energy projects which, when completed, will be the biggest land-based wind farm in Europe. ČEZ, now the largest power producer in central Europe, said it bought the twin projects, based near the Black Sea city of Constanza, from the international wind power development company Continental Wind Partners LLC. No financial details of the transaction have been disclosed.