MET Group buys 42 MW wind farm in Bulgaria from Enel
Switzerland-based energy company MET Group has signed an agreement to buy a 100% stake in a 42 MW wind farm in Bulgaria from Italian Enel Green Power, the renewable energy arm of Enel Group, and expects to close the transaction by the end of 2020. The acquisition of Bulgaria’s 5th largest wind farm is part […]
Boris Granovsky named CEO of project company to develop Plandište wind farm
Boris Granovsky (42) has been appointed as CEO of a project company to develop the 102 MW Plandište wind farm in the Serbian municipality of Plandiste, according to a press release from Serbia-based oil company NIS, majority owned by Russia’s Gazprom. NIS is developing the wind farm together with MET Renewables. The goal is to […]
NIS, MET Renewables to start building 102 MW Plandište wind farm during 2019
MET Renewables AG and oil company NIS, majority owned by Russia’s Gazprom, have launched joint work on a project to build the Plandište wind farm in Serbia. The two companies established a joint venture after MET acquired from a third party a 50% stake in the Serbian wind farm project, according to a press release […]
EU clears MET Renewables’ entry into NIS Energowind ownership
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over Belgrade-based NIS Energowind, the developer of the Plandište wind farm, by MET Renewables, part of Swiss energy company MET Group, and O Zone, part of Russia’s Gazprom group, the commission said in a press release. NIS Energowind, founded in Serbia […]
Serbia reaches 500 MW quota for wind power
The Ministry of Mining and Energy revealed in mid-April it filled the capacity of 500 MW envisaged for electricity from wind turbines. Projects awarded with the temporary status of privileged producers are eligible for subsidies by law, but the government yet needs to adopt the frame for power purchase agreements. Serbia is waiting for a […]
