The 131.25 MW first phase of the Štip Wind Farm in North Macedonia has reached financial close. Developed by Alcazar Energy Partners, the project is the country’s largest wind development to date and will use 21 Envision Energy EN182-6.25 MW turbines. Planned across three phases totaling up to 396 MW, the project is expected to more than quadruple North Macedonia’s installed wind capacity once fully developed. It is supported by a long-term offtake agreement with an investment-grade international corporation and will operate entirely on a private offtake basis. Financial close means Envision’s technology has been accepted as bankable by the European Bank for Reconstruction and Development, the International Finance Corporation, and Erste Group Bank AG. The project is intended to support North Macedonia’s shift from coal-fired generation and establish a benchmark for renewable energy investment in Southeastern Europe.