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 […]

Enerjisa Uretim secures EUR 650 million to invest in wind farms

Turkey-based power utility Enerjisa Uretim has secured a EUR 650 million loan for renewable energy investments and reducing debt. The loan has been provided by seven banks: Akbank, Garanti BBVA, Türkiye İş Bankası, HSBC, ING, TEB and İşbank AG. The company has won an opportunity to install wind farms on the YEKA tender İhsan Erbil […]

Renewables September 23, 2020

Land lease agreement signed for Brajići wind farm

A consortium led by German renewable energy firm wpd has signed a land lease agreement for wind farm Brajići near the Montenegrin coastal city of Budva, a project valued at EUR 101.3 million. The Brajići wind farm, with an installed capacity of slightly over 100 MW, is projected to generate around 220 GWh of clean […]

450 MW offshore wind park to be built in Adriatic Sea

Italy-based energy services company Saipem has announced plans to build one of the first wind farms in the Adriatic Sea in cooperation with two other domestic firms. The offshore wind power plant, described as the biggest in Italy, will have an installed capacity of about 450 MW. Saipem said the planned wind farm will have […]