Çalık Holding, long active in Kosovo through banking arm BKT and electricity distributor KEDS, is now adding power generation to its portfolio in the country. The group's renewables subsidiary Çalık Renewables has entered the final stretch of the Zatriq wind farm — set to become Kosovo's largest such facility — with 4 of 12 turbines installed and the next two scheduled for completion within two weeks. The plant is due to come online in July 2026 with a total installed capacity of 72 MW.
On the financing side, the project secured a €112 million package and stands as the first wind energy investment by Çalık Holding to be backed by the Swiss Export Risk Insurance (SERV), marking a strategic milestone. Çalık Renewables is partnering on site with local company Eurokos; once operational the wind farm is expected to generate 185 GWh of electricity per year, the equivalent of consumption for roughly 45,000 households. The output will tie into Kosovo's grid through a 110 kV overhead line.
Kosovan Prime Minister Albin Kurti and Economy Minister Artane Rizvanolli visited the site jointly. The KESCO structure that Çalık and Türkiye's Limak Group took over in 2012 continues to operate today as Kosova Çalık Limak Energy Sh.A. (KEDS); with Zatriq, generation is now being added alongside Çalık's existing distribution and retail energy footprint. The move is seen as a reinforcement of Turkish contracting and energy capital's long-term position in the Balkans.
From a supply-chain perspective, Zatriq has the potential both to lower energy-cost risk for local industry and to create a new supply source for regional electricity trade. As Balkan grids face Europe's renewables-transition pressure, every new wind capacity addition reduces dependence on imported fossil fuels; Çalık's SERV-backed financing model offers a concrete template for how state-guaranteed export finance can de-risk renewable projects in emerging markets.
Key Takeaways:
1. Çalık Renewables will commission the 72 MW Zatriq wind farm in July 2026; 4 of 12 turbines are already installed.
2. The investment totals €112 million and is backed by Swiss Export Risk Insurance (SERV).
3. Annual output is projected at 185 GWh — equivalent to the consumption of roughly 45,000 households.
4. After BKT banking and KEDS distribution, Çalık Holding is now closing its Kosovo energy chain by adding generation.
5. Delivered with local partner Eurokos, the project sets a reference template for SERV-backed export finance in renewables.
