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Article: Interfax Hungary Business Daily.
- Article from:
- Hungary Business Report Daily
- Article date:
- November 19, 2008
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COMPANY NEWS
Hungarian alternative energy co. PannErgy to record first revenues from geothermal project in 2009
BUDAPEST. NOVEMBER 19. INTERFAX CENTRAL EUROPE - Hungarian listed alternative energy firm PannErgy is hoping to record a revenue flow from its planned geothermal heating plants already in 2009, company officials said Wednesday according to news site portfolio.hu.
PannErgy, a formerly plastics-oriented company renamed from Pannonplast last year, said earlier it plans to invest at least EUR 150 mln to build geothermal heating plants at dozens of locations in Hungary through 2012, providing heating to as many as 80,000 homes. Tentative ...