Masdar and Taaleri Energia achieve financial close for Čibuk 2 wind farm in Serbia
Masdar, in partnership with Taaleri Energia, has reached financial close for the 132 MW Čibuk 2 wind farm in Serbia, securing a €144 million debt facility from UniCredit and Erste (Erste Group and Erste Bank Serbia). The wind farm will power 62,000 households and offset 311,200 tonnes of carbon dioxide emissions annually. The project, developed by Masdar Taaleri Generation in collaboration with Serbian developer New Energy Solutions, will feature 22 Nordex 7 MW turbines. Nordex…