Saras to acquire two wind farms from Athena Investments for $14m.

Saras, a processor of crude oil and marketer and distributor of petroleum byproducts, agreed to acquire two wind farms with 45MW capacity from Athena Investments, an investment holding company, for $14m. These cover the needs of around 20k families and avoid the emissions of 38k tonnes/year of CO2. Saras Group mid-term renewable expansion plan, foresees the construction of 50 to 100 MW of photovoltaic and 200 to 250MW of wind capacity by 2024.