eab New Energy GmbH

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"German company EAB NEW ENERGY GMBH will invest €350 million in a renewable energy park in Iran’s Arvand free zone in the Southwestern city of Abadan, IRNA reported on Thursday. The project was inaugurated in the presence of Khuzestan’s governor, managing director of Khuzestan Regional Electricity Company and German company’s representatives. According to Mahmoud Dashtbozorg, the managing director of Khuzestan Regional Electricity Company, based on the memorandum of understanding (MOU) signed with the German company, the participation will be in the form of foreign direct investment (FDI)." (December 10, 2016). (http://www.tehrantimes.com/news/408952/German-company-to-build-350m-renewable-energy-park-in-Iran)

"Iran issued the much-needed investment license for a joint venture to build a wind farm in Arvand Free Trade Zone, which will be financed by the German company eab New Energy GmbH, managing director of Khuzestan Regional Electricity Company said. "The German firm will invest $82 million to undertake the project with the help of its Iranian partner, Tose'eh Zist Arvand Investment Company," Mahmoud Dashtbozorg was also quoted as saying by ILNA on Friday." (August 5, 2017). (https://financialtribune.com/articles/energy/69645/german-firm-to-fund-khuzestan-wind-farm)