East Renewable Energy Syvash Wind Project Ukraine

Location:

Ukraine

Project number:

50215

Business sector:

Energy

Notice type:

Private

ESIA disclosed:

16 Jul 2018

Status:

Disbursing

Target board date:

28 Nov 2018

Project description

The provision of a senior A/B long-term loan of up to EUR 150 million to SyvashEnergoPro LLC (the “Borrower”)  to finance the construction and operation of a wind farm with an initial capacity of 125 MW (phase one) and the potential to be expanded to 250 MW (phases one and two) located in Southern Ukraine (the “Project”). The Borrower is a special purpose company incorporated in Ukraine and created to own, construct and operate the wind farm. The Borrower is owned by East Renewable Energy AB which is majority owned by NBT AS (the “Sponsor”).

The Project will help support the development of renewable energy in Ukraine and the overall decarbonisation of the energy sector.

ESIA disclosure package

Full package (zip file)

NTS: English | Ukrainian | Russian
SEP: English | Ukrainian
ESAP: EnglishUkrainian

Full ESIA Availability

Full ESIA documentation on the Company web site and is available in Ukraine at:

NBT AS
Gulliver Business Center
1A Sportyvna sq, 17th floor
Kiev, Ukraine

And locally at

Sadova Street 33
Village Grygorivka
Chaplinskiy district
Kherson region
Ukraine

Enquiries

Environmental and social enquiries

Børge Tvorg
VP Project Finance
NBT AS
Filipstad Brygge 1
0252 Oslo, Norway
Mobile: +47 911 93 033
Email: bt@nbtas.no

And

Oksana Rakovich
Environmental & Social Manager
NBT AS
Gulliver Business Center
1A Sportyvna sq, 17th floor
Kiev, Ukraine
Mobile: +380 (96) 818 86 44
Email: es@nbtas.no

This document was prepared at an early stage of project development, before consideration by the EBRD Board of Directors. Details of a project may change following disclosure.

Environmental and Social Impact Assessments and ESIA summaries are produced by project sponsors, and the EBRD makes them available without any comment or implied endorsement. Any views expressed or statements made in the Environmental and Social Impact Assessment or the ESIA Summary do not necessarily reflect the views or opinions of the EBRD.

Last updated 25 June 2014