Drina Run-of-River Cascade
A cascade of low-head run-of-river hydroelectric plants providing firm, dispatchable baseload generation that complements the group's solar portfolio across Southeast Europe.
Capacity
48 MW
Development stage
Development
Location
Western Serbia
Timeline
Permitting 2026 — COD 2029
Investment
EUR 148m
Total project cost
Target IRR
13.2%
Equity, unlevered base
Concession
40 years
State-granted
Dispatchability
Firm
Baseload profile
Investment opportunity — Development equity · EUR 62m
Schedule an investment meetingProject gallery
Drone photography & site views
Technical specifications
Engineered to bankable standards
Installed capacity
48 MW across 3 units
Annual generation
212 GWh
Turbines
Kaplan, low-head
Capacity factor
50%
Grid connection
110 kV, study complete
CO₂ avoided
118,000 t / year
Concession
40 years
Offtake
Regulated tariff + merchant
Serbia
Western Serbia
Downloads
Construction timeline
Project lifecycle
2025
Hydrology & feasibility
2026
Environmental permitting
2027
Financial close
2029
Commercial operation
