February 5, 2025
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HomeSEE Energy NewsBosnia and Herzegovina secures €103 million loan for Poklecani wind farm construction

Bosnia and Herzegovina secures €103 million loan for Poklecani wind farm construction

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The Council of Ministers of Bosnia and Herzegovina has approved a loan of 103 million euros from the European Investment Bank (EIB) to support the construction of the Poklecani wind farm. The loan has a repayment term of 25 years, with a five-year grace period. It will be allocated to the Federation of Bosnia and Herzegovina (FBiH), and the project will be managed by the state-owned power utility EP HZHB.

The wind farm will be located near Rakitno in the southern part of the country. It will consist of 20 wind turbines with a total installed capacity of 132 MW. The project is expected to generate 436.96 GWh of electricity annually, contributing to the country’s renewable energy capacity and sustainability efforts.

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