Authorities in the Republic of Srpska have established a framework for granting a concession to Singapore-based Zodic Energy for the construction of the planned Leotar wind farm near Trebinje, a project valued at around €750 million. The move signals renewed momentum for one of the region’s more significant renewable energy developments.
The concession will be awarded through a negotiated procedure, requiring the investor to pay an upfront fee of approximately €4 million upon signing. In addition, ongoing payments will be linked to electricity production, with a fee set at €0.0028 per kWh, ensuring continuous revenue for the entity.
The wind farm is expected to have an installed capacity of 537.5 MW, with projected annual generation of about 1,279 GWh. However, final approval remains conditional on meeting requirements related to the protection of cultural, historical, and natural heritage, as assessed by the competent institution.
Following the completion of negotiations, the Ministry of Energy and Mining is expected to submit a report to the government within 60 days, detailing the outcome and outlining the next steps in the process.
Zodic Energy entered the project after the withdrawal of the previous investor and was established in March last year, operating with a relatively small team. The company took over a locally registered entity originally set up by China’s Zhongbo Group, which exited the project in September 2025 due to internal restructuring.
This change in investors marks a new phase for the Leotar wind farm, which was initially launched under a different structure before being revived under the current arrangement, potentially paving the way for its long-awaited realization.
