Electrawinds’ Serbian Wind Farm in Running for World Bank Loan
This article is for subscribers only.
Electrawinds SE’s Serbian wind farm is being considered by the World Bank’s International Finance Corp. for an award of 59.2 million euros ($77 million) of loans to help the nation curb power shortages and reliance on coal.
The Belgian renewable energy company is working on Alibunar in Vojvodina province, northeast Serbia, according to documents on Washington-based IFC’s website. The 42-megawatt plant will cost 80 million euros and use 21 turbines, they showed.