GGF supports two large-scale wind farms in Serbia
The Green for Growth Fund (GGF), advised by Finance in Motion GmbH, will support two of the first large-scale wind farms in the country – the 158 MW Čibuk 1 wind farm and the 42 MW Alibunar wind farm with a total of EUR 31.85 million, GGF said in a statement. The GGF secured EUR […]
Installation of Alibunar wind farm turbines by September
Elicio, the Belgian renewable energy producer has announced its plan to complete the installation of 21 turbines at the 42 MW Alibunar wind farm, less 60 kilometers northeast of Serbia’s capital Belgrade, by September this year. The construction of the wind turbines foundations is expected to be finished in less than a couple of weeks. Then, Elicio […]
Six big wind turbine manufacturers interested in NERO project in Romania
Six European wind turbine manufacturers – Vestas, Siemens Gamesa, Enercon, Senvion, Nordex and Lagerwe – responded to a tender call for 360 wind turbines in Romania. NERO Renewables company which recently called tender, announced that it will make its decision who to work with by the end of the first quarter in 2018. Earlier in […]
Belgium company Elicio completes Malibunar wind farm
Belgian utility’s project is prelude for nearby power generation facility of 21 Senvion units. Wind turbines of 8 MW in total capacity, or 2 MW each, were presented in the area of the town of Alibunar, less 60 kilometres northeast of Serbia’s capital Belgrade. Elicio NV’s Malibunar project is located near a site where the […]
IFC, Unicredit, FMO and GGF provide loans for Elicio’s Alibunar wind farm
International Financial Corporation (IFC), a member of the World Bank Group, will support the construction of Elicio’s Alibunar wind farm in Serbia with EUR 19,1 million loan. The IFC announced that the Unicredit Bank, Netherlands Development Finance Company (FMO) and Green for Growth Fund (GGF) have agreed to provide loans worth EUR 40 million for […]
EUR 9.8 million for construction of wind park Malibunar in Serbia
UniCredit Bank Serbia and Electrawinds Mali WF, a Serbian subsidiary owned by Belgian Elicio NV, has signed a long-term financing agreement in the total amount of EUR 9.8 million for the development, construction and operation of the Malibunar wind park. On August 31, the first debt disbursement took place, in the amount of EUR 3.2 […]
Delivery of turbines for Malibunar wind farm in Serbia started
Delivery of wind turbine parts for the Malibunar wind farm has begun, the Belgian company Elicio NV, which builds two wind farms in northern Serbia, announced. The delivery of turbine parts from the Port of Pančevo on the Danube river to the location of the wind park in northern Serbia started on August 8. It […]
Eight bids for installation of 1 GW wind power capacity in Turkey
Eight consortia, composed of international and Turkish companies, have submitted their bids in the tender for 1 GW wind energy project, which was organized by Turkey under the Renewable Energy Resources Area (YEKA) scheme. Invitation for bids for the installation and operation of wind power capacity of 1 GW was placed in April, 2017. The […]