The Green Growth Fund (GGF) announced that it will support the construction of two large-scale wind farms in Serbia – 158 MW Cibuk 1 and 42 MW Alibunar, with a total of 31.85 million euros.
The GGF secured 18.35 million euros for the largest wind farm project in Serbia – Cibuk 1. GGF is a B lender to the European Bank for Reconstruction and Development (EBRD), who together with the International Finance Corporation (IFC), provided a 215 million euros loan for the project, signed in October last year.
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Tags: Alibunar, Cibuk, electricity, financial, GGF, Serbia, wind, wind farm