Concession agreement signed for 50 MW Vlašić wind farm in BiH

The signing of the concession agreement for the 50 MW Vlašić wind farm in Bosnia and Herzegovina represents a significant step towards increasing renewable energy capacity in the region. The project, expected to generate 112-116 GWh of electricity annually, is being developed by Elektroprivreda Bosne i Hercegovine (EPBiH), a state-owned electric utility. Financing is being provided by Germany's KfW Development Bank through a combination of loans and grants totaling EUR 38.43 million, with additional lending from the European Bank for Reconstruction and Development (EBRD) and UniCredit Bank. This project demonstrates international support for Bosnia and Herzegovina's energy transition. The Vlašić wind farm deal is notable due to the involvement of key development finance institutions like KfW and EBRD, signaling confidence in the project's viability and alignment with sustainable development goals. The participation of UniCredit Bank further highlights the project's attractiveness to commercial lenders. The project's size, while not massive, is significant for the Bosnian market and will contribute meaningfully to the country's renewable energy mix. The project's location in the Central Bosnia Canton also suggests a focus on regional development and diversification of energy sources.