SERBIA: €59.1m secured for 42MW Alibunar

Wed Sep 13 2017, 16:20 PM

The project is located in Vojvodina

IFC, a member of the World Bank Group, has agreed to provide €19.1m in financing for Elicio's 42MW Alibunar project in Serbia. UniCredit, the Netherlands Development Finance Company (FMO) and Green for Growth Fund (GGF) will provide a further €40m. Planned for a site in Vojvodina, 60km north of Belgrade, the project will comprise 21 Senvion MM100 turbines.