Full-Cycle Renewable Energy Development Across Southeast Europe
IVICOM Holding GmbH has been developing, financing, and operating large-scale renewable energy infrastructure since 1991. With our headquarters in Vienna and active operations across Serbia, Montenegro, Georgia, Bosnia and Herzegovina, and Croatia, we bring a unique combination of international engineering standards and deep regional expertise to every project we undertake.
We operate under the Build-Own-Operate (BOO) model, taking full responsibility from initial site assessment through commercial operation. Our track record includes over 230 MW of commissioned wind capacity and a development pipeline exceeding 300 MW, financed in partnership with leading institutions such as EBRD and KfW IPEX-Bank.
Our Renewable Energy Services
We provide end-to-end project development for wind, solar PV, and emerging hydrogen technologies. Our multidisciplinary in-house team covers every phase of the development cycle, allowing partners to engage from early-stage feasibility through to long-term asset management.
- Wind resource assessment, site selection, and turbine layout optimisation
- Environmental and social impact assessment (ESIA) to EU and IFC standards
- Grid connection studies, permitting, and regulatory approvals
- Project finance structuring and investor relations (EBRD, KfW, EIB)
- Construction management, commissioning, and quality assurance
- Operations & Maintenance (O&M) coordination and asset management
Why Partner with IVICOM Holding
Our competitive edge lies in three decades of hands-on project development experience combined with an established network of regulatory, financial, and technical partners across the region. We deliver bankable, operationally proven renewable energy projects.
From feasibility to commercial operation, IVICOM manages complexity so that investors and off-takers can focus on returns. Our projects are structured to meet the requirements of European development finance institutions from day one.
35+ Years in Energy
Continuous project development since 1991 across six countries in Central and Southeast Europe.
BOO Development Model
We own and operate what we build, aligning our interests fully with long-term project performance.
Frequently Asked Questions
IVICOM Holding focuses primarily on onshore wind energy — our flagship technology with over 230 MW commissioned to date. We also evaluate solar PV opportunities and actively monitor developments in green hydrogen and battery energy storage systems (BESS). Our pipeline of 300+ MW includes wind projects in Serbia, Montenegro, Georgia, and Bosnia and Herzegovina.
IVICOM structures projects under the Build-Own-Operate (BOO) model and has a strong track record with development finance institutions including the European Bank for Reconstruction and Development (EBRD) and KfW IPEX-Bank. We prepare fully bankable project packages and engage commercial lenders, equity co-investors, and grant programmes as appropriate for each market.
Our operational and development activities span Austria (headquarters), Serbia, Montenegro, Croatia, Georgia, Albania, and Bosnia and Herzegovina. Our regional offices and long-standing partnerships with local authorities enable faster permitting and more efficient project delivery compared to market entrants.
All IVICOM projects undergo rigorous Environmental and Social Impact Assessments (ESIA) in line with EU EIA Directive requirements and IFC Performance Standards. We engage host communities at the earliest stage of development and structure community benefit agreements, local employment commitments, and biodiversity mitigation measures into every project.
Yes. Beyond our own portfolio, IVICOM Holding offers project development advisory and engineering consulting services to third-party developers and institutional investors entering the Southeast European renewable energy market. Our services range from early-stage site assessment and permitting to full project management and commissioning support. Contact us to discuss your requirements.
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View all IVICOM Holding engineering services. Related services: Energy Sector Engineering · Thermal Power Engineering.