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Montenegro seeks investors for 1.5 mln sqm wind park

Jan 29, 2024, 2:57:49 PMArticle by Iskra Pavlova
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January 29 (SeeNews) - Montenegro is offering a 30-year lease for the construction and maintenance of a wind park on 1.5 million square metres of land in the northeastern municipality of Bijelo Polje, the spatial planning ministry said.

Montenegro seeks investors for 1.5 mln sqm wind park
Image source: Energy Estate.

The ministry is calling all interested investors to participate in a public auction for the land lease that will take place on February 15, it said in a statement on Friday.

The starting price for the lease is at least 341,000 euro per year. The final price of the lease will be annually adjusted to the inflation rate, the statement read.

The investor is obliged to install wind turbines of at least 6.6 MW each at the Korito location in Bijelo Polje, the ministry said, without specifying the number of the required wind turbines.

Interested parties should submit their offers by February 12.

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