Čibuk 1 wind farm, with a capacity of 158 megawatt and covering an area of 37 square kilometers, is the largest wind farm in the Republic of Serbia. It is situated around 50 kilometers outside Belgrade in the Municipality of Kovin. Comprising 57 General Electric wind turbines, the project provides electricity to 113,000 homes and displaces more than 370,000 tons of carbon dioxide per year. Vetroelektrane Balkana (WEBG) is the project company that owns Čibuk 1 wind farm, wholly owned by Tesla Wind, a joint venture between a global leader in renewable energy Abu Dhabi Future Energy Company – Masdar (60%), Finnish energy infrastructure developer Taaleri Energia (30%), and DEG, the investment arm of KfW, German government development bank (10%).