84 MW Ivovik Wind Farm in Livno and Tomislavgrad
Novosti EN

Reaction to media information on power sale from Ivovik

 

05/23/2024
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In light of recent untrue claims by certain online media that the electricity from Ivovik, after it is put into operation, will be sold on foreign markets, we would like to clarify that we are still exploring the options for sale of electricity from our wind farm. 

We spoke with all three public power companies in BiH and many renowned power traders engaged in electricity purchase and provision of related services, which are registered in Bosnia and Herzegovina.
 
Without going into the motives of the media spreading these and similar speculations, thereby deceiving the BiH public and harming our reputation as foreign investors, we note that Ivovik Wind Power Plant conducts its business activities in full compliance with domestic legislation, while at the same time we strive to achieve a healthy balance between our commercial interests and benefits for the local economy and community.

Green energy projects are seeing a rise in Bosnia and Herzegovina, but Ivovik WF still holds the position of the biggest one in the field of renewables. It is, therefore, not necessary to particularly highlight the contribution it will make for the BiH economy, energy diversification, and advancement of green agendas in the country.
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