Continental Wind Partners

EBRD and IFC provide EUR 215mn loan for wind farm in Serbia

The EBRD and the International Finance Corporation (IFC) are providing a EUR 215 million loan to Cibuk 1 wind farm, the bank has announced.

This is the largest wind project in Serbia and the Western Balkans to date, and the investment underscores EBRD's commitment to investing in renewable energy, a statement said.

Serbian Officials Deny Wiretapping Claims

Serbian Interior Minister Nebojsa Stefanovic and Aleksandar Djordjevic, head of the Serbian Security Agency, BIA, denied on Wednesday any involvement in unlawful wiretapping, following claims by opposition leader Bojan Pajtic that his telephone calls had been intercepted.

Stefanovic said he was ready to resign if there is evidence that police had wiretapped the opposition leader.