GGF to provide over US$35 million to wind projects in Serbia
The Green for Growth Fund (GGF) has announced that it has recently invested in two of the first large-scale wind farms in Serbia.
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Country news
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May 28, 2018
Financial close for largest wind farm 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.
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January 18, 2018
DEG acquires 10% stake in 158 MW wind farm in Serbia
DEG (Deutsche Investitions- und Entwicklungsgesellschaft mbH) has acquired an equity interest of 10% in the Cibuk I wind farm in Serbia.
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December 08, 2017
Taaleri acquires an interest in the 158 MW Cibuk 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.
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October 25, 2017
Masdar-led joint venture agrees financing for largest wind farm in Serbia
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.
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September 18, 2017
IFC provides €19.1 M for 42 MW Serbian wind project
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.
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