Renewables

Boris Granovsky named CEO of project company to develop Plandište wind farm

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Published

March 29, 2019

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Published:

March 29, 2019

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Boris Granovsky (42) has been appointed as CEO of a project company to develop the 102 MW Plandište wind farm in the Serbian municipality of Plandiste, according to a press release from Serbia-based oil company NIS, majority owned by Russia’s Gazprom. NIS is developing the wind farm together with MET Renewables.

The goal is to start construction on the Plandište wind farm this year, so that the wind farm can be fully operational in 2021, said Granovsky.

Boris Granovsky received a degree in Economics from the Moscow State University in 1998.

He started his professional career as a financial and management consultant in KPMG and A.T. Kearney. Granovsky later worked in Severstal, one of the largest Russian steelmakers, and was a management partner of Aterra Capital, an investment fund investing in mid-size metals and mining companies. He also was non-executive director of several companies including Affero Mining, Silver Bear Resources and GB Minerals.

The 102 MW wind farm will supply power equivalent to the consumption of around 85,000 households

MET Renewables AG (owned 100% by Switzerland-based MET Group) was officially registered as a shareholder on March 19, 2019. The Plandište wind farm will be operated in a joint structure, with each firm holding a 50% stake in a company called NIS–MET Energowind, according to an earlier press release.

This will be the first wind project for both NIS and MET, and also the first renewable energy investment of Swiss MET Group outside the EU. The 102 MW wind farm will consist of 34 wind turbines and will be built next to the Serbian municipality of Plandište. NIS said earlier that the project is worth around EUR 160 million.

The 102 MW wind farm, located in the Serbian municipality of Plandište, in the province of Vojvodina, will supply power equivalent to the consumption of around 85,000 households.

Until MET Renewables acquired 50% of NIS Energowind, the Plandište wind farm developer was 50% owned by  NIS and 50% by a group of private investors, the most prominent of whom was Goran Novaković, a former energy minister.

The status of a privileged power producer from renewable energy sources was obtained in 2015

NIS Energowind first received the status of a privileged producer of electricity from renewable energy sources in November 2005, which was then extended in December 2016. The latest extension was approved in January 2018, with privileged producer status to last until May 2020.

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