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BDK Advises Akuo Energy on Wind Power Plant in Montenegro

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BDK has advised Akuo Energy, the French producer of renewable energy, on the development of the first wind power plant at Krnovo, near the town of Niksic, in Montenegro.

Construction began in July, 2015,  and is expected to be completed by the end of July 2016. The output power of the plant will be 72 MW, and the plant will produce 6% of all electricity generated in Montenegro. The project is supported by the EBRD and KfW bank.

BDK Partner Dragoljub Cibulic and Managing Associate in Montenegro Luka Popovic worked on the deal.