NORTH MACEDONIA: First GGF equity investment in Wind project

In Context of the Technical Advisory Support to GGF, the project of partially funding the construction and operations of a 36MW wind farm near the village of Bogoslovec in North Macedonia (Bogoslovec) via an equity investment has commenced.

In Context of the Technical Advisory Support to GGF, MACS also supported the commencement of the partially funding via equity invedstment of the construction and operations of a 36MW wind farm near the village of Bogoslovec in North Macedonia (Bogoslovec). GGF invested EUR 3.5 million in Thor Impex d.o.o. and the project will directly contribute to the implementation of North Macedonia’s Renewable Energy Action Plan, which aims to reach a 50% share of renewable energy in electricity production by 2024.

Further information about the investment and GGF can be found following this link: GGF MAKES FIRST EQUITY INVESTMENT IN WIND FARM IN NORTH MACEDONIA