logo

Lukoil Gebeleisis & Hrabrovo Wind Farms

Sector: Wind • Location: Bulgaria

Source: World Bank Group

Project
Active

Vestas developed the 70MW Gebeleisis wind farm, and the 14MW Hrabrovo wind farm in Bulgaria. Gebeleisis was commissioned in February 2013. The Hrabrovo wind farm was commissioned in March 2012.

As part of its business strategy, which does not include owning/operating, the two wind farms were divested and sold to Lukerg Renew, a joint venture between Lukoil (Russia) and ERG Renew (Italy).

Total

Status
Prospective
Sector
Wind, Power Generation (CCGT), Raw Materials, Commercial, Government
Location
Bulgaria
Updated
22 Jul 2026
Source
World Bank Group

ConstructChat

Ask ConstructChat about Lukoil Gebeleisis & Hrabrovo Wind Farms

Pick a question to edit it, or write your own.

First answer free · no account

I am a

Project Information FAQ

Project Information

5 Q
The project “Lukoil Gebeleisis & Hrabrovo Wind Farms” is an infrastructure initiative in the Wind sector, located in Bulgaria. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Vestas developed the 70MW Gebeleisis wind farm, and the 14MW Hrabrovo wind farm in Bulgaria. Gebeleisis was commissioned in February 2013. The Hrabrovo wind farm was commissioned in March 2012. As part of its business strategy, which does not include owning/operating, the two wind farms were divested and sold to Lukerg Renew, a joint venture between Lukoil (Russia) and ERG Renew (Italy). Total costs were EUR109.2 million ($165 million) for Gebeleisis and EUR17.6 million for Hrabrovo. Financing was provided by Raiffeissen Bank International for a period of 5 years. http://www.windpowermonthly.com/article/1187241/vestas-sells-two-projects-lukoil-erg-joint-venture

Original sector

Energy

Budget

Location

Country

Bulgaria

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Wind, Power Generation (CCGT), Raw Materials, Commercial, Government

Article published date

2024-06-04

More on this project

Research

Free account

View all details

You are reading the public part. A free account opens the rest:

  • Every detail on this project
  • News and media coverage
  • Technical research
View all details

Free account · no card · lands you back on this project