Europe’s largest on-shore wind farm is on sale – CEZ starts divestment in Romania
Czech energy company CEZ has officially launched the divestment process in Romania, offering seven companies in the country including Europe’s largest on-shore wind park Fantanele-Cogealac, with 600 MW of installed capacity. The move comes just days after Italian energy company Enel initiated the sale of its assets in Romania. Romanian state-owned power utilities Electrica and […]
Vestas sells majority stake in three wind power plants in Romania
Vestas has entered into an agreement to sell 80% of its shares in the subsidiaries owning the Romanian wind power plants Pantelimon, Pegasus, and Apollo to a non-disclosed buyer for a selling price of EUR 136 m, the Danish manufacturer of wind turbines has said in a press release. Three wind power plants have 160 […]
EPCG shareholders approve investment in Gvozd wind farm project
Shareholders of state power utility Elektroprivreda Crne Gore (EPCG) have approved an investment into a joint EUR 58 million project with Austria’s Ivicom Holding to build the Gvozd wind farm, RTCG reported following a meeting of EPCG’s shareholders. Ivan Mrvaljević, head of development and engineering at EPCG, said earlier this year that EPCG could launch […]
EPS invites expressions of interest for construction of 66 MW Kostolac wind farm
State power utility Elektroprivreda Srbije (EPS) has issued an invitation for expressions of interest in international public bidding (with pre-qualification) for the Procurement of Goods, Works and Associated Services for the Renewable Energy Project Kostolac – Wind Park, Serbia, which will be EPS first wind farm. The project includes the construction of a 66 MW […]
North Macedonia’s ESM gets KfW’s donation for Bogdanci wind farm expansion
German development bank KfW has allocated MKD 10 million (about EUR 162,500) to North Macedonia’s state-owned electricity producer Elektrani na Severna Makedonija (ESM – formerly ELEM) for updating an environmental impact assessment study and securing other consulting services for an expansion of the Bogdanci wind farm. The second phase of the Bogdanci project envisages an […]
TENDERING: Bidding deadline extended for Poklečani wind resource assessment
The deadline to file offers to conduct a wind resource assessment for the Poklečani wind farm has been pushed back from July 10 to August 27, public power utility Elektroprivreda HZHB (EPHZHB) has announced. The estimated value of the contract to produce the Poklečani wind resource assessment is BAM 22,000 (about EUR 11,250), with the […]
Terna Energy secures refinancing for largest Greek wind farm
Alpha Bank, Eurobank Ergasias and National Bank of Greece have provided EUR 117 million in non-recourse refinancing for the 73.2 MW Aghios Georgios wind farm operated by a subsidiary of Terna Energy, global law firm Norton Rose Fulbright has said in a press release. The wind farm owned by Terna Energy is located on the […]
Power utility ERS to borrow EUR 307 million for new renewable energy power plants
The Government of Republika Srpska intends to provide state guarantees for loans worth BAM 600 million (about EUR 307 million) for power utility Elektroprivreda Republike Srpske (ERS) to invest in renewable energy power plants and overhaul coal-fired power plants. The Republika Srpska parliament has adopted a decision on the value of state guarantees that the […]