158 MW Čibuk 1, Serbia’s largest wind farm, officially starts operations
Serbia’s largest wind farm, the 57-turbine Čibuk 1, has officially started operations today following a EUR 300 million investment. The wind farm with a maximum capacity of 158 MW generates power to supply 113,000 households and will displace 370,000 tonnes of CO2 emissions per year. Čibuk 1 is one of the wind farms whose output […]
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 […]
DEG has acquired 10 percent stake in Čibuk 1 wind farm in Serbia
DEG – German development finance institution and a subsidiary of KfW Group has acquired a 10 percent equity interest in the 158 MW Čibuk 1 wind park in Serbia and joined two other investors in what is set to be the largest wind farm in Serbia. The wind farm, due to be completed in 2019, […]