ButanGas Romania, one of the biggest players on the distribution of liquefied petroleum gas (LPG), says early next year a 25 MW wind farm worth 44 million euros will become operational in Constanța county.
ButanGas Romania’s Constanța investment is the company’s first
concrete step in the renewable energy sector, after it announced
its focus on this sector back in 2007 through the group’s founder
Iosif Constantin Drăgan.
“Our intention is to become involved in renewable energy as we are
in LPG. Investment in renewable energy is a strategic decision made
by Iosif Constantin Drăgan (…),” say company representatives. The
ButanGas group was set up in 1948 by Iosif Constantin Drăgan, one
of the best-known businessmen in Romania, who died in 2008. Back in
2001 Drăgan had decided to hand over management of the group’s
operations to wife Veronica Gușă, executive chairman of ButanGas.
According to Forbes estimates, Veronica Gușă de Drăgan is the
wealthiest woman in Romania, with a fortune estimated at 420-450
million euros.