France's Perfect Wind to invest 210 mln euro in Turkey

The company, owned by Spain's Iberdrola plans to invest a minimum of 1.5 billion euros in Turkey's nearly undeveloped renewable energy sector in the next five years.

 

Turkey has a long coast in the sun-baked Mediterranean region, but investments in wind and solar energy are rare and the country imports most of its energy for consumption.

 

The country plans to construct a $7.5 billion nuclear power plant in a bid to reduce its reliance on imported energy.