As a further step in the construction of the windfarms, Fintel`s project companies have entered into a conditional agreement with Windey, a global leader in wind energy solutions, with state-of-the-art turbine technology. The agreement includes supply and installation of 19 of the WD164 3.6 MW turbine, 3 of the WD164 3.3 MW and 6 of the WD172 5.0 MW as well as a 10-year service and maintenance agreement for the wind farms once the units are installed. The latter will be achieved through the establishment of a local service organization headquartered in Belgrade, the company says in a press release.

– We are very proud to announce Windey as our selected turbine supplier, which marks a milestone in the projects and brings them closer to commercial operations. This highlights our ability to build value in our portfolio projects, by advancing them to more mature stages and higher valuations – said Tiziano Giovannetti, CEO at Fintel Energija A.D.

– We are honored to have been selected as preferred supplier for Fintel`s Serbian wind projects and the trust that the Fintel placed in Windey. We are excited to engage in these Serbian projects that spearheads the global Balkan wind industry and underlines our ambition to partner with customers and suppliers to make wind energy profitable, scalable, and serviceable. Windey continues its ambition to be a leader in the region and we remain committed to contribute to Serbia`s clean energy target, in close partnership with Fintel – says Kai Wang, Regional Director of Overseas Business Division.