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Clifford Chance advises on the ECA covered Financing of the Zatriq Wind Power Plant Project in Kosovo

3 June 2025

Clifford Chance advises on the ECA covered Financing of the Zatriq Wind Power Plant Project in Kosovo

Global law firm Clifford Chance has advised the Finance Parties including Helaba on the successful financial close of the 73 MW Zatriq Wind Power Plant in Kosovo, developed by Çalık Renewables.

This milestone transaction features:

  • first wind power project financing backed by SERV
  • Helaba’s debut wind sector financing in the Balkans
  • a comprehensive financing package combining construction period plus 14-year repayment tenor under the ECA cover, alongside a commercial uncovered tranche

The deal reflects the growing role of export credit agencies in enabling bankable, ESG-aligned infrastructure across emerging markets and marks a key step in advancing the energy transition in Southeast Europe.

The Clifford Chance team was led by Sait Eryılmaz (Partner, Istanbul) and Nikolaï Eatwell (Partner, Paris), supported by Ali Can Altıparmak (Senior Associate, Istanbul), Utku Aydın (Associate, Istanbul), and Alper Eski (Associate, Istanbul), with David Neu (Partner, Munich) and Charles Morris (Senior Associate, London) advising on regulatory matters.