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

slovenia climate vulnerability risks energy assessment

Slovenia draws up first climate vulnerability, risks assessment for energy sector

12 December 2025 - The assessment was prepared by the Ministry of the Environment, Climate and Energy, in cooperation with the Jožef Stefan Institute

Turkey awards 1 15 GW wind power auctions all at EUR 35 per MWh

Turkey awards 1.15 GW in wind power auctions – all at just EUR 35 per MWh

12 December 2025 - The six winners from the latest round of wind power auctions under the YEKA mechanism in Turkey have EUR 35 per MWh guaranteed

IEA, Employment in the energy sector is growing twice as fast as in the global economy

IEA: Employment in energy sector grows two times faster than in global economy

11 December 2025 - Employment in the energy sector is growing twice as fast as in the overall global economy, but the IEA is warning of a serious shortage of skilled workers in key sectors.

From construction waste to circular economy how STRABAG drives green transition

From construction waste to circular economy: how STRABAG drives green transition

11 December 2025 - Strabag Serbia is introducing recycling, solar energy, electric vehicles and digital tools to accelerate the green transition and reduce CO₂ emissions.