Wind Wire: Fersa set to break deadlock with deal

1 July 2010

MONTENEGRO: Spain-based Fersa Energias Renovables is set to build the first wind farm in Montenegro.

Fersa has been selected by the country's government as an investor for the planned 46MW Mozura facility. At a site between Ulcinj and Bar, Fersa, together with its local partner Celebic, will build a wind park with 23 2MW wind turbines.The EUR64.58 million project could be completed in two years.