What happened to the investor who had plans for 100 million investments in Kosovo and fled to Macedonia?

Finally, a potential investor to invest in Vushtrri, with 110m euros in wind energy, has fled to Macedonia.

“Cicavica Wind Farm 1 L.L.C.”, project of the French company “Akou Energy” that would invest over 100m euros in wind renewable energy production were not seen with interest by the Government of Kosovo, led by Albin Kurti, Periscope

According to a corruption between Minister Hajdari and the ministers of the government-member cabinet of the Strategic Investment Commission, it is seen that this project, even though it has passed all the stages of assessment and was waiting for the green light from the Kosovo Assembly, has not continued.

This seems to have major financial implications for the state and on the image of foreign investors.

This company had invested 1m euros in preparation only to obtain strategic investor status in Kosovo and has prepared capacities to make the previous investment.

But all of this has been wasted, because the Kosovo government decided not to recognise the status of the Strategic Investors, which they won late last year.

This whole situation has exasperated the investor waiting to pour millions into Kosovo, and it is not known whether to file a lawsuit against Kosovo.

Now, this project has only been formalised in northern Macedonia.

Prime Minister Zoran Zaev through a Facebook post has shown that one of the largest solar parks in Europe, with a capacity of 350-400, will be built in northern Macedonia. MORE electricity production.

“This is a French investment, the largest in this area, for the Macedonian economy. For the successful realisation of this investment, the government has made a decision to determine the status of the Society's strategic investment project for electricity production “O STRO SOLAR” Skopje. This strategic project will be implemented by a French electricity company exclusively from France's renewable sources, Akkuo Energy”, Zaev wrote.

Zaev announces that the solar Park '%Supionome will be built in next year [2022] at the projected site for the Staff cargo airport, which has conditions for building a photovoltaic power plant.

He added, among other things, that according to the plan, the first amounts of electricity would flow during 2023, and complete implementation is expected by the end of 2024. This volume plant will satisfy the needs of some 116 thousand families. /Periscopi/

TM E RER: Impal investor who could invest 110 million in Kosovo goes to Macedonia

Zaev announces investor out of Kosovo