German development bank KfW is providing a loan of 60 million euro
($66.4 million) to fund the Hrgud 48 MW wind farm in Bosnia's Serb
Republic, the country's Foreign Investment Promotion Agency (FIPA) said
on Wednesday.
With the loan KfW is continuing its support for the
implementation of energy projects in Bosnia, FIPA said in a statement,
quoting the director of KfW's Sarajevo-based office Matthias
Schmidt-Rosen.
Two other Bosnian wind parks projects - Mesihovina
and Podvelezje - have receivedKfW loans of72 and 65 million euro,
respectively.
A 50-year concession to build and operate the Hrgud
wind farm - comprising 16 turbines of 3 MW each - in the municipality of
Berkovici has been grantedto the Serb Republic'spower
utilityElektroprivreda Republike Srpske (ERS).
The wind farm’s annual net production is estimated at 125.9 GWh, ERS told SeeNews earlier.
The
Serb Republic is one of the two autonomous entities forming Bosnia and
Herzegovina, the other is the Muslim-Croat Federation.
Bosnia has a further two power utilities -Elektroprivreda HZHBandElektroprivreda BiH, both based in the Federation.
(SeeNews)