Wind power plant Krivača, Serbia – 103,3 MW
IVICOM Holding fully developed the Krivača wind power project, one of Serbia’s significant renewable energy investments. Development began in 2010, covering all stages from initial planning to full project preparation. The project was sold in 2021, after successfully completing the key phases required for financing and implementation.
Financing for the project was secured by a syndicate of commercial banks. IVICOM remained actively involved as Owner’s Engineer throughout the construction and commissioning period, ensuring full compliance with technical, quality, and project execution standards. The wind power plant was officially commissioned in 2023, delivering clean and sustainable energy to the region.
Projects overview
The Krivača wind power project was fully developed by IVICOM Holding, from the early development phase to project sale. After the sale in 2021, IVICOM continued its involvement as Owner’s Engineer, providing continuous oversight during construction and commissioning. The project was officially commissioned in 2023, with a total installed capacity of 103.3 MW, strengthening Serbia’s renewable energy infrastructure.
Key Achievements:
- Full development from concept to advanced implementation stage
- Efficient project structuring and preparation for bank financing
- Continuous Owner’s Engineer supervision until commissioning
- Strengthened regional renewable energy capacity with a total output of 103.3 MW
Final result
The Krivača wind power plant was successfully commissioned in 2023, delivering 103.3 MW of clean, renewable energy to Serbia. The project enhanced the country’s energy capacity, supported sustainable development, and demonstrated IVICOM Holding’s expertise in long-term, large-scale renewable energy projects.
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