IFC, Unicredit, FMO and GGF provide loans for Elicio’s Alibunar wind farm
International Financial Corporation (IFC), a member of the World Bank Group, will support the construction of Elicio’s Alibunar wind farm in Serbia with EUR 19,1 million loan. The IFC announced that the Unicredit Bank, Netherlands Development Finance Company (FMO) and Green for Growth Fund (GGF) have agreed to provide loans worth EUR 40 million for […]
Montenegrin government issues operating permit for Krnovo wind farm
The Montenegrin Ministry of Sustainable Development and Tourism issued an operating permit late in August 2017 for the Krnovo wind farm which started tests of its wind turbines in May this year. The Krnovo wind farm is a EUR 120 million investment which led the Montenegrin authorities to decide to raise subsidies for electricity from […]
EUR 9.8 million for construction of wind park Malibunar in Serbia
UniCredit Bank Serbia and Electrawinds Mali WF, a Serbian subsidiary owned by Belgian Elicio NV, has signed a long-term financing agreement in the total amount of EUR 9.8 million for the development, construction and operation of the Malibunar wind park. On August 31, the first debt disbursement took place, in the amount of EUR 3.2 […]
Montenegro’s Možura wind farm changes owners again
The Montenegrin government has approved another change of ownership for the 90 percent share of the company building the Možura Wind Park from the Enemalta plc to the Malta Montenegro Wind Power JV Ltd. This is the second time that the owner of that company has been changed, the media in Podgorica reported, adding that […]
PPC to sign agreement with China Development Bank
China Development Bank (CDB) and the Public Power Corporation (PPC) are due to sign a memorandum of understanding in Thessaloniki on Saturday, September 9. The agreement will be inked during a conference titled “Investment Opportunities in Southeastern Europe – Trends and Challenges in the Energy Sector.” Conference is being organized by PPC within the framework […]
Turkey’s Guris Holding to build windfarms in Kosovo* and Ukraine
The Turkish company Guris Holding has announced the construction of new wind power plants in Kosovo* and the Ukraine, the Turkish press reported. The reports said that the company plans to build the plant in Ukraine outside the city of Odessa but do not specify the exact location of the site of the power plant […]
Greek PPC Renewables looking for partners to build 12 wind farms on islands
The Greek company PPC Renewables said it is looking for partners to build 12 wind farms at a number of sites across the country. The company published three tenders to build the wind farms, operate them and provide maintenance for a period of 14 years. According to PPC Renewables’ plans, the 12 wind farms will […]
First wind farm in Bosnia-Herzegovina to supply power to Tomislavgrad
The first wind-powered electricity plant in Bosnia-Herzegovina will supply power to the population of the municipality of Tomislavgrad once it is completed and becomes operational by the end of this year, the Elektroprivreda Hrvatske zajednice Herceg Bosne power company said. The wind farm named Mesihovina will be built across a 22 kilometer stretch of land […]
