115 MEUR into energy projects, Agrocor Energy company plans

, SEE Energy News

Experiences of foreign investors in Balkan energy markets are different, private investors are seeking suitable and competitive market knowing that the region has potential to be explored. Still being potential the market is also emerging, some investor friendly environment is yet to be improved. Securum equity entered Serbia with its One GWH project of solar energy plant and Agrocor Energy in Croatia turning to biogas energy.

Brodosplit company will enter the realization of electricity production and trading, stated Zeljko Bezjak from DIV company on energy conference Arena 2012 in Croatia.

DIV plans the construction in Brodosplit of off shore platforms, wind turbines, components for gas and Cogen power plants. DIV privatized this company and in the process of restructuring. By 2017 DIV plans to erect and install wind mills in capacity of 400-600MW with tendency to increase it in new off shore locations.

Ivan Matejak from Secrum Equity Partners stated that investors in RES projects are relocation to enter the market due to the challenging investment climate. Administrative barriers are too complicated for investors. Even thou the recovery of world economy is based on investments into power generation sector still there are reluctant opposition within investors. In order to restart investments cycle some systematic approach changes are needed.

Securum Equity invests in Serbia in one GWH project, solar park of 1000MW installed power which is planed to be only exporter of electricity. With this project Serbia will gain 300 MEUR in 25 years.

Herman Seidl from Agrocor Energy company said that the company is turning to biogas projects. By 2013 the company plans to start operation of 13MW power plant.

In next five years Agrocor Energy will invest 115 MEUR in RES projects, concluded Seidl.

Source Serbia Energy Magazine