UK-based
diversified holding Kermas will invest 150
million marka ($105.7 million/76.7 million euro)
in a 51 megawatt (MW) wind park in Bosnia’s Serb
Republic as a strategic partner of local company
Eol Prvi, local media reported.
Construction works on the wind park were
launched last year at Trusina site, in the
Nevesinje municipality, daily Nezavisne Novine
(
www.nezavisne.com) said on its website on
Wednesday, quoting Eol Prvi’s director Zlatko
Mandzuka.
The park is expected be completed by the end of
2015, one year later than initially planned, due
to problems related to its connection with the
national power transmission network.
The wind farm is expected to produce 160,000
megawatt-hours (MWh) of electricity per year,
enough to supply some 40,000 households.
Bosnia’s Eol Prvi owns a 30-year concession for
the construction and the operation of the wind
park, located in the eastern part of the Serb
Republic. Serbian power producer Omega Plus owns
97% of Eol Prvi while the reminder is in the
hands of Nevesinje municipality.
The Serb Republic is one of the two entities
that form Bosnia and Herzegovina. The other is
the Muslim-Croat Federation.