News

Israel’s Enlight invests in wind power plant

Published

January 28, 2016

Comments

comments icon

0

Share

Published:

January 28, 2016

Comments:

comments icon

0

Share

Eurocom Group’s subsidiary Enlight Renewable Energy acquired 90% of the construction project for the wind power plant Lukovac, located nearby the Adriatic port of Split. The Israeli investor will take over for a total of USD 8.3 million (EUR 7.42 million), said a report by Seebiz.eu. The plant has the capacity of 49 MW.

Eurocom is one of the biggest private holdings in Israel, operating in communication and real estate and other segments, the article said. The wind power project was developed by WPD Enersys, registered in Dubrovnik and owned by Željko Samardžić. Bloomberg learned from the Israeli investors they estimate the future project at EUR 63 million and that they are in search for partners. The wind power facility is being developed for several years in the municipality of Cista Provo. Domestic media said the impact assessment study got the green light and that an agreement was made with market operator Hrote about power purchase for 14 years. The Israeli company said the project planning phase should be complete in the first half of this year.

Related Articles

MET Group Hungary largest battery energy storage system

MET Group inaugurates Hungary’s largest battery energy storage system

19 June 2025 - MET Group installed a battery energy storage system of 40 MW and a two-hour duration at its gas power plant Dunamenti near Budapest

energy transition eti 2025 wef wind

WEF: Global energy transition picks up pace

19 June 2025 - The World Economic Forum's latest report shows the fastest energy transition progress since before the COVID-19 pandemic.

Greece to participate in European Nuclear Alliance Mitsotakis

Greece to participate in European Nuclear Alliance

19 June 2025 - Greece is going to explore its options for the introduction of nuclear energy, according to Prime Minister Kyriakos Mitsotakis

Western Balkan coal plants cut harmful emissions 2024 breaches extreme

Western Balkan coal plants cut harmful emissions in 2024 but breaches remain extreme

19 June 2025 - SO2 emissions from NERP-bound coal plants in BiH, Kosovo*, North Macedonia and Serbia were six times above legal limits last year