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 […]

Renewables September 24, 2019

Fintel Energija to start trading on BELEX on Nov. 20 as it completes Serbia’s 1st IPO in 80 years

Belgrade-based renewable energy company Fintel Energija, a subsidiary of Italy’s Fintel Energia, will start trading on the Belgrade Stock Exchange (BELEX) on November 20, having successfully completed Serbia’s first initial public offering (IPO) in nearly 80 years, raising a total of some RSD 755.2 million, or around EUR 6.3 million, for a new wind farm […]

Renewables November 14, 2018

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 […]