New regulations luring investors in renewables
The legislation that Serbia adopted in June will attract capital and help launch green energy projects, said participants at a conference in Belgrade titled “New PPA Package in Serbia – Main Challenges”. The event was organized by Petrikić & Partneri AOD in cooperation with CMS Reich-Rohrwig Hainz with the support of ADVANTAGE AUSTRIA Belgrade. For […]
Serbia’s first wind park launched at Kula
MK-Fintel Wind a. d. officially opened its 9.9 MW wind power plant in the country’s northwest, after an investment of EUR 15 million. Energy minister Aleksandar Antić said on that occasion three directives will be adopted soon to define the new model for the power purchase agreement (PPA) in the field of renewable energy sources, […]
Fintel Energia signs term sheet for Košava wind farm
MK-Fintel Wind AD, subsidiary of Fintel Energia Group SpA, signed a term sheet with a consortium formed by international partners to finance, build and operate a wind farm of up to 128.7 MW of installed power in the municipality of Vršac northeast of capital Belgrade. The consortium will acquire, subject to certain requirements, the majority […]
Fintel secures financing, permit for wind parks
Energobalkan DOO signed a contract with Unicredit Bank Serbia for financing La Piccolina wind farm of 6,6 MW, located in Vršac, operator’s parent company Fintel Energia Group SpA said in a press release. The Italian independent power producer added that the total amount of the loan is equal to EUR 7 million, while the required […]