The Council of Ministers of Bosnia and Herzegovina has made a significant move towards enhancing its renewable energy infrastructure by approving a draft grant agreement with the European Investment Bank (EIB). This agreement will provide over €42 million through the Western Balkans Investment Framework (WBIF), aimed at facilitating the construction of the Poklečani wind farm project.
Set to be located in the West Herzegovina Canton, this project will comprise a 132 MW wind farm along with essential supporting infrastructure such as a substation and connections to the national electricity grid. The allocated grant funds will be directed to the Federation of Bosnia and Herzegovina (FBiH), while the state-owned utility EP HZHB is tasked with project implementation.
In addition, the Council of Ministers has initiated negotiations for a separate loan and project agreement with Germany’s KfW bank, which is part of a larger financing strategy estimated at around €75 million. This multi-faceted financial approach underscores the commitment to advancing renewable energy initiatives in the region.
The wind farm is strategically situated in a mountainous area near Posušje, specifically on the Štitar mountain range close to Rakitno. The development plans include installing up to 20 wind turbines, each capable of generating up to 6.6 MW, culminating in a total capacity of approximately 132 MW.
Expected annual electricity production from this facility is projected to reach around 437 GWh. This output positions the Poklečani wind farm as one of Bosnia and Herzegovina’s most significant new renewable energy projects. Following the finalization of loan negotiations, the Ministry of Finance and Treasury will ensure adherence to national legislation governing public borrowing, debt management, and state guarantees, thereby aligning with Bosnia and Herzegovina’s legal and fiscal frameworks.
