Fintel Energija ad Beograd
Fintel Energija is an independent renewables power producer in Serbia. It is the first company to have installed and operated wind farms in Serbia, and is planning almost 1GW in wind capacity via 13 projects, at EUR 1bn of capex, in the coming years. Currently, Fintel’s capacity stands at 86MW in three wind farms and the company generates annual power output equivalent to 60,000 households. The company enjoys a favourable subsidy scheme, set up by the Serbian government. In 2018, Fintel’s IPO on the Belgrade stock exchange was the first in 78 years.