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

france wind offshore auction cybersecurity

France favors European-made components in wind and solar auctions, plans cybersecurity criterion

06 April 2026 - France has launched a 12 GW renewable energy auction package that will favor bids using a higher share of European-made technology

montenegro epcg edf hpp krusevo sahmanovic dragas mrvaljevic

Montenegro, EDF discuss Kruševo pumped storage hydropower project

06 April 2026 - Representatives of the Ministry of Energy and Mining and state-owned power utility Elektroprivreda Crne Gore held talks with EDF's delegation

power grid capacity renewables demand eu ember

Ember: Lack of grid capacity threatens EU’s energy security

06 April 2026 - The European Union's grids lack the capacity to connect new renewables and meet additional electricity demand

PPC Group 2 13 GW photovoltaics including EU second largest solar park

PPC Group completes 2.1 GW of photovoltaics including EU’s second-largest solar park

06 April 2026 - Public Power Corp. said its new PV cluster is the biggest in Europe. It includes Phoebe, the second-largest solar park in the European Union.