Portugal reassures wind sector on subsidies

Portugal has sought to reassure wind energy producers that measures to cut costs and subsidies, required under the country’s 2011 EU/IMF €78bn financial rescue agreement, will not affect the value of their assets or financing agreements.

ESO: Background information: Seeking a Path out of the Crisis in Portugal http://www.europeansources.info/record/seeking-a-path-out-of-the-crisis-in-portugal/

Wikipedia: Wind power in Portugal http://en.wikipedia.org/wiki/Wind_power_in_Portugal

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