Concorde Capital, a leading Ukrainian investment group, plans to invest €120 million in new energy infrastructure by the end of 2025. The firm is focusing on gas-fired power generation, battery energy storage, and energy efficiency projects.
Founder and CEO Igor Mazepa noted that Ukraine is currently experiencing the highest energy prices in 25 years—exceeding those of many Eastern European countries—creating attractive conditions for rapid-return investments.
The company has already completed a €32 million pilot project and sees significant potential in the sector.
“This is a market where we can build a company with billion-euro capitalization—and we will,” said Mazepa.
Concorde Capital aims to develop both wind and gas-fired power plants. According to Mazepa, while the final model of Ukraine’s energy mix is yet to be determined, battery and gas technologies will dominate in the near term as they can be deployed quickly to seize current market opportunities.