Funding secured for Slovenian-backed wind farm project in Serbia

The construction of a large-scale wind farm in Serbia, a joint project of Slovenia's Alfi Green Energy Fund and Serbia's MK Group, has received a major boost as the investors have been granted a bank consortium loan. The 105 MW project is valued at €155 million.

The total value of the loan has not been disclosed, but the business newspaper Finance reported earlier that the two investors will get €100 million under the loan agreement and will chip in the rest themselves.

What they plan to build is the Krivača wind farm in eastern Serbia, a project that the Slovenian energy...