Serbia’s MK Fintel Wind To Build 8.85 Mln Euro Wind Park – Media

BELGRADE (Serbia), June 23 (SeeNews) – Serbia’s MK Fintel Wind has signed a financing agreement with UniCredit Leasing Srbija for the construction of an 8.85 million euro ($12.6 million) wind park, local media reported on Thursday.

The leasing portion will cover 7.0 million euro of the necessary financing for the 6.0 megawatt facility with around 1.77 million euro to come from credits, news portal eKapija.com (www.ekapija.com) reported.

The wind park will be built near the town of Vrsac, in Serbia’s northern province of Vojvodina.

MK Fintel Wind is a 46/54 joint venture between Serbia’s MK Group and Italy’s Fintel Energia Group. It was set up in 2008 to invest in green energy projects in Serbia and the region.

($=0.7027 euro)

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