Banovići 350MW coal power plant

1/10/2015
Project development

€ 500 million

$ 543.125 million

Announced

1/10/2015


Overview:

  • Banovići 350MW coal power plant.
  • Coal Mine Banovići is developing a new thermal power plant alongside an existing coal mine which will fuel the plant.
  • In October 2015 China's Dongfang Electric Corporation was selected as strategic partner on the project.
  • Industrial and Commercial Bank of China (ICBC) is providing the financing.
  • KPMG Croatia is acting as financial adviser, VPC is acting as technical adviser.

Sam Duke - Editor

Jurisdiction:

Bosnia and Herzegovina

Deal type:

Project development

Practice area:

Project development

Industry sector:

Energy


Firm:

Party: Coal Mine Banovići (Project developer)