Finance News
References: Dundorf, Kundrati, Likatonia
52.5M LOD for clean energy in Likatonia
May 5297 - Led by Kundrati's Tomasadyn National, the private industry finally jumps in to invest in Likatonia, after years of discussions
Also published on The Terran Times and distributed internationally
A fallen wind turbine in Madison, Likatonia
Kasaema, Kundrati - Tomasadyn National has announced that it will be leading a joint investment venture with Ashalon Bank BEIFG in Likatonia's clean energy sector upwards of 52.5M LOD. Both financial institutions will work with Hamilton Energy, Hamilton Company's energy division, to fix, upgrade and modernise Likatonia's wind turbines in Madison, in an attempt to start a consortium of construction and energy companies which will hopefully undertake a plethora of energy related projects throughout Likatonia, Kundrati and Beiteynu in the coming decades. Although Dundorfian contractors will assist in the venture towards the construction of 7 wind turbines, Hamilton Energy from Likatonia and Hofesh Electrical Industries from Beiteynu will be tasked with the grid related sections of the project, with a plan to put the necessary maintenance and operational processes in place for the proper management of the new and modernised units. HEI has regarded its involvement as a means of moving away from the Aristocrat Energetical dominated nuclear energy sector in Beiteynu.
Much in a similar manner during the last decade with the Dankukian economy, the private sector in Beiteynu continues to look for opportunities to invest in emerging markets, having set its eyes on Likatonia almost since the dawn of the current century. The new private investment initiative is projected to solidify Beiteynuese-Kundrati partnerships and hopefully increase both the relations with the Likatonian market as well as pave the way for an expansion of the energy sectors, especially with solar generated power in the Desert Bank of the Beiteynuese semi-arid lands in the southeast.