Fintel Energija, the Serbian subsidiary of Italy’s Fintel Energia Group plans to invest more than €300m in Serbia over the next five years. Established in 2008, the company has two wind farms in Serbia with an installed capacity of 16.5 MW and has so far invested €150m in the country. MK Fintel Wind, a joint venture between Serbia’s MK Group and Fintel Energia Group, started the construction on third wind farm, called Kosava, last June. Project costs should reach €100m.
