Loan approved for Bosnia wind farm
Bosnia and Herzegovina’s Council of Ministers has approved a €103.05 million ($108.7 million) loan from the EIB for the construction of the Poklečani wind farm.
Image for illustration purposes.
Bosnia and Herzegovina, Sarajevo: Bosnia and Herzegovina’s Council of Ministers has approved a €103.05 million ($108.7 million) loan from the European Investment Bank (EIB) for financing the construction of the Poklečani wind farm. The repayment period of the loan will be 25 years, including a five-year grace period.
The funds will be allocated to the Federation of Bosnia and Herzegovina. The project is implemented by state-owned power utility Elektroprivreda HZHB. It will be built near Rakitno in the southern part of the country and comprise 20 wind turbines with a combined installed capacity of 132 MW. Its expected annual electricity production is 436.96 GWh.
Source: SeeNews
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