The press service of the investment company BGV Group Management reported on the implementation of its first energy project, namely the construction of more than 50 MW of gas cogeneration units in Rivne.
It is noted that the equipment will operate in a combined mode and will ensure the production of both electric and thermal energy.
The project includes several stages of investment and construction. Thus, the first stage will start operating during this heating season, and the full cycle of the project will be implemented within a year.
BGV Group Management of Gennady Butkevych, founded in 2015, has invested more than $100 million in Ukrainian mining projects. The company has five business areas, within which it develops projects in mining, processing, energy efficiency, retail and development.
The mini-CHP construction project is being invested in by BGV Group Management through JSC Closed Non-Diversified Venture Fund Magnum, 100% of which belongs to Gennady Butkevich. The project is being implemented in partnership with Ukrteplo Management Company LLC.
