NLB Komercijalna banka to finance expansion of Košava wind farm
The expansion of the Košava wind farm will be financed by NLB Komercijalna banka and NLB Group
MK Group to commission Krivača wind farm in Serbia in May
The Serbian company is building its 105 MW power plant with Slovenia-based ALFI Green Energy Fund
Košava 1 wind farm obtains privileged power producer status
Fintel Energija has announced that its 69 MW Košava 1 wind farm has obtained a privileged power producer status in Serbia. The wind farm was put into operation in September 2019. According to Fintel Energija’s statement submitted to the Belgrade Stock Exchange (BELEX), becoming a privileged power producer marks the end of the first phase […]
Serbia doubles renewable energy production in 2019
Total electricity production under Serbia’s subsidy scheme for privileged power producers, mainly from renewables, doubled last year from 638 GWh to 1,361 GWh. According to the report produced by the state-owned Electric Power Industry of Serbia (EPS), in 2018 privileged and temporary privileged producers generated the most of electricity in hydropower plants, in wind farms […]
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 […]
Vestas to deliver turbines for 69 MW Košava 1 wind farm
Denmark’s Vestas has received an order for 20 V126-3.45 MW turbines for the 69 MW Košava phase 1 wind farm in Serbia from MK-Fintel Wind. The Košava 1 wind farm’s construction started in June last year. To accommodate the site’s specific wind conditions and maximize energy production while meeting the site’s tip height constraints, Vestas developed […]
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 […]
MK Fintel Wind first green energy firm on Belgrade Stock Exchange
The MK Fintel Wind company, jointly owned by the Italian Fintel Energia Spa and MK Group, is set to become the first green energy produced in Serbia to sell shares on the Belgrade Stock Exchange. Company CEO Tiziano Giovannetti said he expects to raise between EUR 120 and 150 million from the sale of shares. […]