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Zadar 2P & 3P wind farms (“Zadar wind farm”) are construction phase wind farms located next to each other in the county of Zadar.

With a total of 25 Nordex wind turbines, the wind farm will have an installed capacity of 111 MW. The annual production of electricity supplied to the Croation grid will be approximately 317 GWh, while the wind farm will produce enough electricity to supply around 85 000 households and will offset the equivalent of approximately 78 000 tonnes of carbon dioxide during each year of operation.

Zadar wind farm is 50 % owned by the Taaleri SolarWind II fund, managed by Taaleri Energia, a Finnish-based wind and solar developer and fund manager and 50 % of Encro, the original developer and the largest wind energy producer and developer in Croatia.

Construction works on the Zadar wind farm commenced in Q2 2021. The wind farm is expected to be fully operational in Q1 2024.

The wind farm project was developed by Encro, which is also providing Construction Management services during the construction phase, and Technical and Commercial Management services during the operational phase. Nordex will be responsible for maintaining the turbines under a 30-year contract.

The wind farm is planning to enter into a long-term power purchase agreement for a substantial proportion of the electricity generated. Project financing for this investment has been provided by a consortium of lenders including Zagrebačka Banka (owned by UniCredit), the Croatian Bank for Reconstruction and Development (HBOR), and the European Bank for Reconstruction and Development (EBRD).