Subotica to roll out plan for Maestrale Ring wind farm of 599.2 MW
Serbia’s northernmost city is paving the way in the administrative sense for the beginning of physical work on what could be one of the biggest investments in decades. Members of the local assembly decided a detailed regulation plan would be produced for the construction of Fintel Energia Group SpA’s wind power plant worth an estimated […]
69 MW Košava 1 wind farm put into operation in Serbia
MK-Fintel Wind, a joint venture of Italy’s Fintel Energia Spa and Serbia’s MK Group, owned by businessman Miodrag Kostić, has put into operation the 69 MW Košava 1 wind farm near Vršac, Serbia today. The construction of the Košava 1 wind farm with 20 turbines delivered by Denmark-based Vestas, soaked an investment of EUR 118 […]
Fintel Energija unveils project to build Europe’s largest onshore wind farm in Serbia
Fintel Energija, the sole renewable energy company listed on the Belgrade Stock Exchange (BELEX), has adopted a decision to launch projects to build three new wind farms in Serbia. The 572 MW Maestrale Ring will be the largest onshore wind farm under construction on the entire European continent, the company said. Fintel Energija, wholly owned […]
Fintel Energija to start trading on BELEX on Nov. 20 as it completes Serbia’s 1st IPO in 80 years
Belgrade-based renewable energy company Fintel Energija, a subsidiary of Italy’s Fintel Energia, will start trading on the Belgrade Stock Exchange (BELEX) on November 20, having successfully completed Serbia’s first initial public offering (IPO) in nearly 80 years, raising a total of some RSD 755.2 million, or around EUR 6.3 million, for a new wind farm […]
Fintel Energija decides to raise up to EUR 27.5 million through IPO
Fintel Energija’s shareholders have reached a decision on a RDS 3.5 billion (EUR 27.5 million) capital increase through the initial public offer (IPO) the renewable energy company plans on the Belgrade Stock Exchange. The IPO is to be carried out through a listing on the prime segment of the Serbian stock exchange’s regulated market. “The […]
Fintel Energija IPO on Belgrade Stock Exchange in May
Fintel Energija will conduct the initial public offering (IPO) on the Belgrade Stock Exchange in May, company CEO Tiziano Giovannetti said. The first IPO after almost 80 years on the Belgrade Stock Exchange is being prepared for nine months. The Fintel Energija plans to sell 15-20% of its shares. “The necessary IPO procedure will be […]
MK Fintel Wind secured loan for Košava wind farm
MK Fintel Wind has announced that it has secured EUR 81.5 million for the completion of Košava Phase 1 wind park near Vršac in Serbia. MK Fintel Wind is owned by Italy’s Fintel Energia Group and Serbia’s MK holding, whose owner is businessman Miodrag Kostić, has already built two wind farms in Serbia. The construction […]
Fintel Energia to conduct IPO on Belgrade Stock Exchange by mid-year
In the first half of the year, Fintel Energija will conduct the initial public offering (IPO) on the Belgrade Stock Exchange in order to secure money for the construction of wind farms in Serbia. This will be the first IPO on the Belgrade Stock Exchange in the last 80 years. Fintel Energija is subsidiary of […]