STX wins order for wind power farm

Under the deal with Main Wind Co., STX Corp., the group’s de facto holding company, will provide 25 2-megawatt wind turbines generators by 2011. Financial terms of the deal were not disclosed.

Last month, it clinched a 300 million euro (US$428 million) order to build wind farms in several eastern European nations including Poland, Romania, Hungary and Bulgaria.

In July last year, STX purchased a Dutch wind power turbine maker as part of group-wide efforts to diversify revenue sources.

STX Group, whose key affiliates include STX Offshore & Shipbuilding Co. and STX Pan Ocean Co., has been seeking to boost its wind power-related business.

The group is targeting 1.5 trillion won in wind power sales by 2015.