GDF Suez to invest EUR 1.2 billion in Dutch power plant
Belgian unit of French power group GDF Suez will invest EUR 1.2 billion in Rotterdam biomass and coal energy plant.Paris -- Electrabel, the Belgian unit of French power group GDF Suez, said on Monday it will invest EUR 1.2 billion (USD 1.68 billion) in a biomass and coal energy plant in Rotterdam.
The Dutch 800 megawatt plant will produce 25 percent less carbon dioxide, believed responsible for recent global warming, than a conventional unit, Electrabel said.
The new plant should be completed by 2013, it added.
AFP / Expatica