On December 30, 2022, VE Ivovik and Elektroprijenos BiH formally signed the "Connection Agreement" for the 84 MW Ivovik Wind Power Project, marking that the external business conditions for the project's transmission line construction are completely locked. It is a key and solid step for the project to lock the network connection point, seize the new energy consumption capacity, and promote the construction of transmission line!

With the close cooperation and active promotion of all parties, VE Ivovik has completed the approval of the route plan, the confirmation of technical parameters, the completion of the preliminary design, and the acquisition of the "Urban Permit" in less than half a year. After intensive agreement negotiations, the "Connection Agreement" is signed successfully before the end of the year, becoming the only power generation project in Bosnia and Herzegovina that achieved this milestone this year.