Renewal of agreement for RES investments

Based on many years of successful cooperation with the Government of the Republic of Srpska (BiH), we, together with our parent group Kelag Energy, renewed our agreement for renewable energy source (RES) investment for the next two years. The previous agreement envisaged investments into hydropower, as part of which we have so far invested and constructed three small hydropower plants (15 MW). The new agreement opens up possibilities also for investments into solar and wind power production, with which we are consolidating our future interest and readiness to invest into all technologies for the use of RES in this area. With this, we also actively contribute to the increased share of clean energy in this region and the transition to a low-carbon society.