The consortium is 30%-owned by ENDESA, 40%-owned by EDP, 20%-owned by GENERG (a Portuguese wind farm developer) and 10%-owned by SONAE (Portugal's largest industrial conglomerate) and additionally comprises ENERCON. The consortium was awarded not only the 800MW that was publicly tendered but also the two 200MW bonus concessions provided for in the tender. The Eolicas de Portugal project entails investment of over € 1.5 billion between 2006 and 2011 and will generate over 1,800 new jobs. The initiative comprises the installation of 48 wind farms with capacity of between 20 and 25MW at a broad range of sites throughout Portugal. The wind park developments are mostly located in the regions of Minho, Upper Beira, Lower Beira, Extremadura and the Algarve.