EBRD and IFC finance Dolovo Cibuk I Wind Farm by 158.4 MW, Esc Adriatic, 19 October 2017
EBRD and IFC finance Dolovo Cibuk I Wind Farm by 158.4 MW, BGNE (based at), 19 October 2017 Vetroelektrane Balkana d.o.o. secured a credit line worth EUR 215 million for its Čibuk 1 wind power plant, less than fifty kilometres northeast of the centre of Belgrade. The contract signed on October 16 for the wind farm spanning more than 36 square kilometres will enable a launch by the end of next year. The design of the turbines puts columns at 110 meters, while blades will be sixty meters long. At 158.4 MW, it is set to become the largest wind farm in the Western Balkans with estimated annual capacity is 457 GWh. The facility of General Electric Co.’s 57 turbines will be financed by the European Bank for Reconstruction and…