BUSINESS

German Bank KfW Financing Wind Farm ‘Podveležje’

vjetropark (1)The B&H Council of Ministers determined a proposal of financial cooperation between the B&H Council of Ministers and the Federal Republic of Germany for the project ‘Wind Farm Podveležje’ that is worth 65 million Euros, which will be implemented through the Credit Bank for Reconstruction (KfW).

This project would create jobs, during and after the construction of the wind farm, boost economic growth in B&H, and would create clean energy in the power grid of B&H in order to contribute to the protection of the global climate and prevent carbon emissions, announced Agency NINA.

The B&H Ministry of Finance and Treasury will submit a draft agreement with the basis for its conclusion by the B&H Presidency.

(Source: ekapija.com)

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