The Green for Growth Fund (GGF) has announced that it has recently invested in two of the first large-scale wind farms in Serbia.
Energy Finance & Investment News in Serbia
Wind Energy Balkan Group (WEBG) has achieved financial close of the 158 MW Dolovo Cibuk I wind farm, located in the north-east of Serbia.
DEG (Deutsche Investitions- und Entwicklungsgesellschaft mbH) has acquired an equity interest of 10% in the Cibuk I wind farm in Serbia.
Taaleri Group is has signed an agreement with Cibuk Wind Holding regarding the acquisition of a minority interest in the under-construction Cibuk 1 wind farm, the largest wind project in Serbia to date.
Financing for one of the largest wind power projects in mainland Europe has been agreed by the project’s shareholders and lenders at a ceremony in the Serbian capital of Belgrade.
IFC is helping Serbia increase its supply of renewable energy by lending €19.1 million (US$25.7 million) to Elicio, a subsidiary of Nethys Group, a Belgium-based energy and telecommunications group, for the 42MW Alibunar wind farm.
In order to help finance one of the Balkan country's first wind farms, the European Bank for Reconstruction and Development (EBRD) is considering lending up to €50 million (US$54.3 million) to Serbian company Electrawinds K-Wind.
MK Fintel Wind has commisioned a 9.9 MW wind park located in the northern town of Kula, Serbia.
Building Energy and the City of Krusevac have announced the construction of a biomass power plant in Krusevac, in Central Serbia.
Fintel Energia has announced that its Serbian subsidiary, MK-Fintel Wind, has signed a preliminary agreement with an international consortium for the financing and construction of the 128.7 MW Kosava wind project in Serbia.
The EBRD is considering providing a loan for the development of the 158 MW Dolovo Cibuk I Wind Farm in the municipality of Kovin in the province of Vojvodina, north-eastern Serbia.
The International Finance Corporation (IFC), a member of the World Bank Group, is considering financing a 158 MW greenfield wind power plant, in the Kovin municipality in the Banat region of Serbia.