Taaleri Energia has completed the EUR205 million (US$197.00 million) refinancing scheme for the 158 MW Čibuk I wind project located in Serbia.
The refinancing package was executed in partnership with UniCredit, Credit Suisse, Eurobank, and OTP Bank. The wind farm is owned by Taaleri SolarWind I Fund and its co-investors, Finnfund, Masdar, and DEG.
The project consists of 57 GE wind turbines and has been in operation since 2019. It is designed to produce enough power for the consumption of up to 87,000 homes.