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

DRI OMV Petrom Romania largest physical PPA

DRI, OMV Petrom sign Romania’s largest physical PPA so far

21 December 2024 - The new physical solar power purchase agreement between DRI and OMV Petrom is the largest ever in Romania

Renewable energy project frenzy in Greece defies curtailments, grid constraints

Renewable energy project frenzy in Greece defies curtailments

20 December 2024 - Applications for new renewable energy projects continued unabated in Greece in 2024 according to Independent Power Transmission Operator

croatia subsidies bih municipalities climate change

Croatia to grant EUR 5 million for climate action projects in BiH

20 December 2024 - The Ministry of Environmental Protection and Green Transition has issued a call for awarding funds for climate action projects

north macedonia esm kfw bogdanci bitola solar wind uncev Moritz Remé

North Macedonia’s ESM secures loan, grant for solar projects, wind farm Bogdanci

20 December 2024 - The solar power plants will be installed within coal mining and energy complexes REK Bitola and REK Oslomej