Fintel Energia signs term sheet for Košava wind farm
MK-Fintel Wind AD, subsidiary of Fintel Energia Group SpA, signed a term sheet with a consortium formed by international partners to finance, build and operate a wind farm of up to 128.7 MW of installed power in the municipality of Vršac northeast of capital Belgrade. The consortium will acquire, subject to certain requirements, the majority […]
Fintel secures financing, permit for wind parks
Energobalkan DOO signed a contract with Unicredit Bank Serbia for financing La Piccolina wind farm of 6,6 MW, located in Vršac, operator’s parent company Fintel Energia Group SpA said in a press release. The Italian independent power producer added that the total amount of the loan is equal to EUR 7 million, while the required […]
Saint Nikola wind farm output tops 1.54 million MWh since launch
The Saint Nikola wind farm near Kavarna, in northeastern Bulgaria, has produced more than 1.54 million MWh of electricity in its five years of operations, US-based AES, which operates the plant, said, SeeNews reported. Through its operation, the wind park has saved more than 1.2 million tonnes of carbon emissions, AES said in a press […]
Elicio’s two wind parks in Alibunar remain in the pipeline
Representatives of Electrawinds confirmed they are committed to building two wind parks, Alibunar municipality website said. Ludo Vandervelden and Nicolas Bruyonooghe, CEO and development manager of Elicio NV, the company that took over Electrawinds’ projects in Serbia, visited the municipality seat and said it is a good place for investing, as is the whole of […]