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MK Fintel Wind began with construction of the third wind farm in Serbia žand will invest 124 million euros in the first phase

31.08.2017.

Izbište, 14 June, 2017.- The construction of “Košava” – the third wind farm has begun today thanks to the company MK Fintel Wind. The wind farm at the same time represents the largest investment in the field of renewable energy in Serbia until now. Apart from the first two wind farms “Kula”, near Kula and the wind farm “La Piccolina” near Vrsac, opened by MK Fintel Wind, the first phase of the construction of the third wind farm will include a plant of 20 wind generators that will produce electricity for 40 thousand households. MK Fintel Wind will invest 124 million euros in the construction of these 20 wind generators, which will be completed by the end of 2018. Mr. Aleksandar Antić, Minister of Mining and Energy, Mr.Tiziano Giovannetti, Executive Director of Fintel Energia Spa and MK Fintel Wind, investors and numerous officials, attended the ceremonial opening of construction works on the wind farm “Košava”.

“After the opening of the first two wind farms in Serbia, we are even more committed to further investments in renewable energy resources in Serbia. Our goal is to use all the potentials of this country. By expertise and experience of local firms and domestic workers we have engaged, I expect that we will carry out the work within scheduled time frame. After the construction of the first 20 turbines, we are planning the second phase when we will build an additional 19 turbines, worth over 100 million euros” said Tiziano Giovannetti, Executive Director of Fintel Energia Spa and MK Fintel Wind.

The first twenty wind turbines will operate within the wind farm “Košava” and will have the power of 69 mw. After the first phase of the construction of the wind farm “Košava”, we are planning the second phase of construction with 19 wind generators. The investment is worth more than 100 million euros. In addition to increase the total energy capacity in Banat, Vojvodina and the Danube region, the company MK Fintel Wind plans to invest in wind energy both in Serbia and the region.