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Karanovic & Partners and Dentons Advise on Green for Growth Fund's Wind Farm Investment in North Macedonia

Karanovic & Partners and Dentons Advise on Green for Growth Fund's Wind Farm Investment in North Macedonia

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Karanovic & Partners and Dentons have advised the Green for Growth Fund on its EUR 3.5 million equity investment in Thor Impex Skopje, partially funding the construction and operation of a 36-megawatt wind farm near Bogoslovec in North Macedonia.

According to Karanovic & Partners, the Bogoslovec project is directly aligned with the GGF’s sustainable investment objective and should directly contribute to the implementation of North Macedonia’s Renewable Energy Action Plan, which aims to reach a 50% share of renewable energy in electricity production by 2024.

Dentons' team included Partner Nadia Cansun and Senior Associate Merve Akkus.

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