PROJECT

Projects

Environmental & Social Review Summary

Project Number

51287

Company Name

STP Wind DOOEL Skopje

Date ESRS Disclosed

Feb 27, 2026

Country

North Macedonia

Region

Europe

Last Updated Date

Jun 7, 2026

Environmental Category

A - Significant

Status

Pending Disbursement

Previous Events

Approved : May 8, 2026
Signed : Jun 3, 2026

Sector

Wind Power - Renewable Energy Generation

Industry

Infrastructure

Department

Regional Industry INF LAC & EUR

Project Description

IFC is considering a loan to support the first phase of the Stip Wind Project, an up to 396 MW (installed capacity) wind power project (WPP) within Stip Municipality in North Macedonia (the "Project"). The first phase is to be developed by STP Wind DOOEL Skopje for Phase 1 (“the Company”) a special purpose vehicle established by Alcazar Energy Partners II SLP (SCSp) (“the Sponsor” https://alcazarenergy.com) a Luxemburg domiciled sustainable infrastructure fund. The project consists of the development, construction, operation, and maintenance of the wind farm, which is anticipated to be operational for 25 to 30 years.

The Project will be developed in Phases, with Phase 1 involving the installation of 21 wind turbine generators (WTGs) of total 131 MW installed capacity, overhead transmission line, and substation. Phases 2 and 3, which will add an incremental 264 MW to the installed capacity, are expected to follow within 9-12 months with construction running concurrently with Phase 1 construction. The turbines have a nominal capacity ranging from 6 to 8 MW with a hub height of approximately 120 m and a rotor diameter of approximately 182 m. In addition to the WTGs, the Project (Phase 1,2 and 3) includes the construction or restoration and widening of 68 km of internal service roads, upgrades to an off-site access road, a 35 kV underground cable network, an approximately 7 km 400 kV overhead transmission line, and a 35/400 kV substation. During project construction, road and pad construction material will be delivered from external licensed sources, and concrete is expected to be delivered from an existing offsite facility.

The Project occupies approximately 335 hectares across the rural uplands of Stip, Radovish and Karbinci municipalities in eastern North Macedonia. The closest villages to project components include Ljuboten, Shashavarlija, Buchim, Baltalija and Nikoman, the nearest residential structures homes lie over 500 meter from the closest WTGs. Grazing, farming, beekeeping and the use of natural resources are expected to continue during both construction and operation outside of directly affected footprints and safety zones.


The Company has selected and is about to formally commission a turbine supplier (TS) and is in the process of contracting a contractor for the Balance of Project (BOP) as well as the Operations and Maintenance company. The OHL will be handed over after commissioning to the Macedonian Electricity Transmission System Operator (MEPSO).

An independent environmental and social consultant (IESC) was engaged on behalf of the project Lenders to undertake the environmental and social due diligence (ESDD).

Overview of IFC's Scope of Review

IFC's appraisal of this proposed investment consisted of a review of available environmental, health, safety, and social documents and the report from the Independent Environmental and Social Consultant (IESC). Documentation reviewed included a Scoping Report, Environmental and Social Impact Assessment (ESIA) which included a Critical Habitat Assessment (CHA), a Land acquisition and resettlement policy framework, Livelihood Restoration Plan, a Stakeholder Engagement Plan (SEP), a Construction-phase Biodiversity Management Plan (BMP), Biodiversity Action Plan (BAP) Framework, and a Framework Environmental and Social Management and Monitoring Plan (ESMMP). The appraisal included discussions with Sponsor representatives responsible for E&S, supply chain, and project delivery via video conferencing in the period between October 2025 and January 2026. Further, the IESC ESDD included a 2-day physical site visit completed in November 2025. A site visit was also conducted by IFC in January 2026.

E & S Project Categorization and Applicable Standard

Environmental and Social Mitigation Measures

Stakeholder Engagement

Broad Community Support

Environmental & Social Action Plan

Client Documentation

File Name Actions
Stip ESIA VOL II - ESIA (all chapters)_for consultation.pdf
Stip ESIA VOL III - Stakeholder Engagement Plan (SEP)_Rev C for consultation.pdf
Stip ESIA VOL VI - Livelihood Restoration Plan (LRP)_Rev D for consultation.pdf
Stip ESIA VOL VII - Biodiversity Management Plan (BMP)_Rev D for consultation.pdf
Stip ESIA VOL I - Non-Technical Summary_for consultation_ENG.pdf