Czech state-owned power company CEZ AS (BAACEZ.PR) Monday said that the Romanian energy regulatory office, or ANRE, awarded it permits to produce electricity using renewable sources including wind power.

CEZ is investing EUR1.1 billion in construction of wind farms at two locations in Romania, Fantanele and Cogealac, that when completed next year should have a total installed capacity of 600 megawatts via 240 turbines, making it the largest on-shore wind farm in continental Europe.

The newly issued permits concern the Fantanele location, where CEZ has 90 turbines already connected to the local power grid and an additional 25 turbines standing but not yet operational.

CEZ voluntarily paused construction at the Cogealac site late last month due to contested construction permits, and company spokeswoman Eva Novakova Monday said "CEZ owns all necessary permissions for the construction" of the turbines but chose not to say whether the company has permits to operate those turbines.

"CEZ has taken steps to prevent the [escalation] of the problem in the locality. We believe that all will be settled soon. Until then we are not going to comment on any detail concerning Cogealac," Novakova said.
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