With company headquarters located in the Croatian capital, Zagreb, Croatia Energy Project d.o.o. (CEP) is a project management and holding company that identifies, designs, finances, implements, operates and maintains renewable energy projects in the Adria region (Southeastern Europe).
“CEP” is 100% privately owned by CEP Finance Ltd, jointly owned by:
- Hili Energy Limited – Malta-based company, fully owned subsidiary of Hili Company Limited, the holding company of an international group of firms. Hili Company’s roots date back to 1923, where the strategic focus is on the maritime and logistics industries. In parallel, it is also building a solid and prestigious portfolio of businesses in renewable energy, and real estate.
- AS Barkava Holdings – Latvia-based company, which has successful partnerships in energy, forestry, construction, transport, and real estate fields. AS Barkava Holdings has extensive experience in the development and implementation of 18 renewable energy projects (biomass, biogas, wind and solar).
Investment plan:
- Phase I: 30.000.000 € in the years 2019-2022
- 3 energy projects 3.7 MWe with fixed contracts 9-14 years
- Phase II: plan for the years 2022-2024 is under development
- number of projects will depend on the new renewable energy strategy in Croatia/region
Croatia Energy Project d.o.o. "CEP" organizational structure
Hili Energy Limited50%
AS Barkava Holding50%
CEP Finance Ltd
Croatia Energy Project d.o.o.100%
1
CEP Belišće 1 d.o.o.
1.2MW Energy plant100%2
CEP Belišće 2 d.o.o.
1.3MW Energy plant100%3
CEP Belišće Sušara d.o.o.
Belišće Dryer100%4
CEP Vrpolje d.o.o.
1.1MW Energy plant100%5
CEP Vrpolje Sušara d.o.o.
Vrpolje Dryer100%6
CEP Servisi d.o.o.
HR tvrtka100%CROATIA ENERGY PROJECT (“CEP”) is a parent company that manages 6 companies. "CEP" manages projects in Vrpolje and Belišće, with 3 power plants and 2 dryers in total. CEP Servisi d.o.o. is a subsidiary company that provides services in the business of power plants and dryers.
