Enlight acquires third wind farm in Balkan region
Israel-based Enlight Renewable Energy acquired the rights to a 105 MW wind energy project in Kosovo*, the company said in a statement. The project, according to Enlight, is in the advanced development stages. Construction works are expected to start next year while wind farm will be operational in 2020. The investment is estimated at EUR […]
Podveležje wind farm project presented in Mostar by EP BiH
The Elektroprivreda BiH (EP BiH) power company organized a presentation of its project to build the Podveležje windfarm in Mostar. The new power production facility will be built using a loan from the German development bank KfW and EP BiH funds. Representatives of the German company Fichtner helped EP BIH to present the project. The total […]
MK Fintel Wind secured loan for Košava wind farm
MK Fintel Wind has announced that it has secured EUR 81.5 million for the completion of Košava Phase 1 wind park near Vršac in Serbia. MK Fintel Wind is owned by Italy’s Fintel Energia Group and Serbia’s MK holding, whose owner is businessman Miodrag Kostić, has already built two wind farms in Serbia. The construction […]
Montenegro to buy part of transmission network from Krnovo wind farm
The Government of Montenegro has decided to purchase a part of the power transmission infrastructure which France’s Akuo Energy has built for its Krnovo wind farm. A European Union grant of EUR 5.8 million has been secured for the transaction. The 110/35 kV Brezna substation with a connection to the existing Nikšić-Brezna transmission line, as […]
Siemens Gamesa signs new 36 MW contract in Bosnia and Herzegovina
The Siemens Gamesa company has announced that it will install turbines at the Jelovača wind farm in Tomislavgrad municipality, in western part of Bosnia and Herzegovina. F.L. Wind, one of independent power producers (IPP) in Bosnia and Herzegovina ordered 18 of Siemens Gamesa G97-2.0 MW turbines, for the supply of 36 MW. The agreement includes […]
Elektroprivreda Republike Srpske seeks consultant for Hrgud wind park
Power utility Elektroprivreda Republike Srpske (ERS) is looking for a consultant to assist in developing a 48 MW wind park Hrgud. The total costs of the first wind farm in Republika Srpska are estimated at EUR 65 million. Up to 60 million EUR would be provided by KfW as a loan to ERS. The wind […]
Fintel Energia to conduct IPO on Belgrade Stock Exchange by mid-year
In the first half of the year, Fintel Energija will conduct the initial public offering (IPO) on the Belgrade Stock Exchange in order to secure money for the construction of wind farms in Serbia. This will be the first IPO on the Belgrade Stock Exchange in the last 80 years. Fintel Energija is subsidiary of […]
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, […]