Renewable energy investor Alcazar Energy Partners has signed an agreement to acquire the rights to develop, build, and operate a 200 MW wind farm in Serbia, along with a pipeline of 768 MW in renewable projects from developer RP Global. This acquisition marks a significant step toward Alcazar’s goal of building $600 million worth of renewable energy assets in Serbia, contributing to a total target of $1.2 billion in the Western Balkans.
The planned wind farm is situated approximately 25 kilometers east of Belgrade, although further details about the project have yet to be disclosed. Alcazar intends to collaborate with RP Global Serbia to finalize the acquired projects. RP Global began its operations in Serbia in April 2021.
In addition to this acquisition, Alcazar Energy recently announced plans to invest over $500 million in the construction of a 400 MW wind farm in North Macedonia.
