Powerchina Resources to sell majority stake in Bosnia's Ivovik wind farm - local govt

The other shareholders in the farm are CNTIC Capital, a Hong-Kong based unit of China National Technical Import & Export Corporation, with a 39% stake and individual investor Ekrem Nanic with a 10% stake, the government of Canton Ten said in a press release on Thursday.

The 130 million euro ($129.6 million) wind farm will have a total installed capacity of 84 MW and will produce 236.6 GWh of electricity per year.Its construction began in December 2021.

The wind farm is being built between the Tomislavgrad municipality and the town of Livno, in the western part of the country.

Canton Ten is one of the ten cantons of the Federation, one of two constituent entities of Bosnia and Herzegovina. The other is the Serb Republic.

($ = 1.00319 euro)