Krnovo Wind Farm | Accountability Console
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Krnovo Wind Farm

Sectors

Energy

Description:

Projects in this Sector: 244

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Issues Raised

Consultation and disclosure

Description:

Projects with this Issue Raised: 551

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Displacement (physical and/or economic)

Description:

Projects with this Issue Raised: 509

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Due diligence

Description:

Projects with this Issue Raised: 489

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Property damage

Description:

Projects with this Issue Raised: 169

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Project Information

Investment ID: 44546

Bank: European Bank for Reconstruction and Development

Environmental Category: B

Country: Montenegro

Region: Europe and Central Asia

Approval Date: None

Investment Types: Loans

Total Project Cost: No recorded data on this

Total Complaints: 1

Description

The EBRD is considering providing a senior loan of up to ‰âÂ47.5 million to finance the construction and operation of a 72MW wind power plant at Krnovo, located approximately 28km northeast of Niksic, Montenegro (the ‰ÛÏProject‰Û). The Project is expected to be Montenegros first utility-scale wind farm.

Investments

Investment TypeIDAmountStatusBankClient
Loans 44546 EUR 47.5 million Planned EBRD Krnovo Green Energy d.o.o.

Related Complaints

European Bank for Reconstruction and Development PCM ComplaintsIAMCountryDate FiledStatus
Krnovo Wind Farm EBRD PCM Montenegro 02/03/2017 Closed With Outputs

Implementers

NameComplaintsDispute ResolutionsDR SuccessfulCompliance ReviewsNon-Compliance
Krnovo Green Energy d.o.o.