HomeElectricityBulgaria, St. Nikola wind farm increased electricity generation by 7 % in...

Bulgaria, St. Nikola wind farm increased electricity generation by 7 % in 2022

Supported byClarion Energy

Saint Nikola wind park is located near the town of Kavarna on the Black Sea coast. It was built in 2009 and put into operation a year later. It has 52 wind turbines with power output of 3 MW each.

The total investment in the project was 270 million euros, of which 198 million euros was provided by a bank consortium including the European Bank for Reconstruction and Development (EBRD), the International Financial Corporation (IFC) and UniCredit Bank.

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