MILAN (AIMnews.it) - MK-Fintel Wind Ad, a subsidiary of Fintel Energia, has signed a financing contract of 81.5 million euros for the completion of the Kosava wind farm - Phase I, in Serbia, with a pool of banks (Erste Group Bank, Erste Bank Serbia, Austrian Development Bank, Unicredit Serbia and Zagrebacka Banka). The total investment will be 117 million for a plant of 20 turbines of 3.45 MW each. "Currently Fintel is engaged in the negotiation of the financing necessary for the realisation of Phase II of the project, which consists in the installation of additional 19 turbines for a total of approximately 78.2 MW - explains the company - The beginning of the construction of Kosava - Phase II is scheduled for the beginning of 2019 ".