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French firm Akuo Energy signs power purchase agreement for Serbia’s largest wind farm, Bela Anta 2

French renewable energy company Akuo Energy has finalized a power purchase agreement (PPA) with Serbia’s state-owned utility EPS for the Bela Anta 2 wind farm. The agreement covers the full 80 MW capacity of the project and includes responsibilities for network balancing.

Bela Anta 2 is developed by Matrix Power, a wholly owned subsidiary of Akuo Energy. The wind farm was among the winners in Serbia’s second renewable energy auction held in early 2025. Akuo secured a contract for difference (CfD), making Bela Anta 2 the largest wind energy project contracted with EPS under Serbia’s new competitive support scheme.

This deal marks a significant milestone in Serbia’s renewable energy transition. Akuo Energy confirmed that all electricity generated by the farm will be consumed domestically, supporting national energy reliability and environmental objectives. The partnership demonstrates strong institutional support and a shared commitment to Serbia’s green energy goals. The CfD mechanism provides price stability and long-term investor security while reinforcing the country’s power grid.

Akuo Energy, a global independent renewable energy producer and developer with expertise in wind, solar, and energy storage, manages projects from development through financing, construction, and operation. Looking ahead, Akuo plans to expand its presence in Serbia with projects such as the Basaid wind farm near Kikinda, an 85 MW facility that has secured all necessary permits and is construction-ready. The company is also actively pursuing new solar and hybrid energy opportunities across the country.

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