Alcazar secures €180 million for first phase of Štip wind farm

Alcazar Energy Partners secured €180 million in financing for the first, 131 MW phase of its Štip wind project in North Macedonia, Balkan Green Energy News reported on 10 September. The lenders are the EBRD, IFC, Erste Bank and Sparkasse Bank. [1]

The EBRD is providing €42 million and described Štip as North Macedonia's first private utility-scale wind project without state support. A long-term corporate power-purchase agreement underpins the project, although the buyer was not disclosed. [1]

ContextThe first phase is planned with 21 turbines. The full project would reach 396 MW and 54 turbines across Štip, Karbinci and Radoviš; financing for later phases has not yet been announced as closed. [1]