Wind Wire: Croatia - Deal to finance 9MW wind plant

Croatian power transmission equipment maker Dalekovod has signed a project-financing contract with Splitska Banka, the local unit of Societe Generale, for the construction of a EUR16.2 million wind farm near Gracac, southern Croatia.

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Dalekovod will participate in the 9.2MW project as investor and contractor for electrical works. The wind farm will feature four Siemens wind turbines with a capacity of 2.3MW each. Construction is expected to be completed by the end of the year. Dalekovod plans to have at least two more wind farm projects ready for financing this year.

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