Ukraine Power Resources to attract EUR 140mln into construction of wind farm

Ukraine Power Resources to attract EUR 140mln into construction of wind farm

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16 interfax Private equity and M&A

Ukraine Power Resources to attract EUR 140mln into construction of wind farm

  • The facility will be located in Odessa region of Southern Ukraine

Ukraine Power Resources plans to attract EUR 140mln into construction of a wind farm to be located in Vizirka and Liopopil of Odessa region. The funds will be channelled for purchasing of 26 wind turbines with a total capacity of 100MWt.
Odessa region has wind power potential for the successful implementation of the project,  told Peter Gish the CEO of Ukraine Power Resources.
The company entered negotiations with potential lenders in order to start construction in September this year.
The founder of Ukraine Power Resources is Peter Gish who carried renewable energy projects of total 2.1GWt in China, Tunisia, the USA, and the Philippines.
Anton Mushtakov, from Grischenko and partners law firm, helps to manage local affairs of Ukraine Power Resources on its behalf.

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