Deal #11037

Serbia
Created at
2024-12-13
Last update
2024-12-17

Land area

Size under contract (leased or purchased area)
  • [current] 5 600 ha
Size in operation (production)
  • [current] 5 600 ha
Comment on land area
Some sources provide information on the area of the wind farm as 56 km2 (5,600 ha), and some - 242 ha. The company's website indicates an area of 5600 hectares.

Intention of investment

Intention of investment
  • [current] Wind farm (5 600 ha)

Nature of the deal

Nature of the deal
Outright purchase
Comment on nature of the deal
Sources say that the company has been negotiating with the owners of some land plots to acquire them. Some land plots were provided for use by the community authorities (but it is not known under what conditions)

Negotiation status

Negotiation status
  • Concluded (Contract signed)
  • [2022] Concluded (Change of ownership)
  • [2022-06, current] Concluded (Contract signed)
Comment on negotiation status
Until 2022, Ivicom Holding (headquartered in Austria) was responsible for the construction of wind farm. Construction of the wind farm began in 2021. But the company (VICOM Energy Ltd) was established in 2009.

Implementation status

Implementation status
  • [2024-05, current] In operation (production)
Comment on implementation status
The wind farm was officially opened in May 2024