Karpatskyi Wind Farm



Project number:


Business sector:

Power and energy

Notice type:


Environmental category:


Approval date:

16 Dec 2015



PSD disclosed:

09 Oct 2015

Translated version of this PSD: Ukrainian

Project Description

The project involves the development, construction and operation of a 9.9MW wind farm near the town of Staryi Sambir in Lviv region of Ukraine (the Project).

Project Objectives

This will be one of the few privately owned wind farms in Ukraine which will support and expand Ukraine's renewable power generation capacity under the recently amended regulatory framework. It is proposed to be financed under the Ukraine Sustainable Energy Lending Facility (USELF).

Transition Impact

The Project will demonstrate a successfully operating private wind power generation facility and is expected to attract other investors and lenders to the Ukrainian renewable energy sector. It is expected to demonstrate the viability of the renewable energy support scheme which was amended in 2015. In addition, with the provision of long-term debt on a project finance basis, EBRD will fill in a gap in the local financial market for long-term loans and provide an example to local banks of financing renewable energy projects of this type. The Project is expected to lead to reduction in Green House Gas emissions by approximately 23,400 tonnes per year due to the substitution of grid electricity dominated by fossil fuel fired power plants in Ukraine.

Client Information


Karpatskyi Wind Limited Liability Company is a special purpose vehicle established in 2011 in Lviv,Ukraine to develop, construct and operate a 9.9 MW wind farm near the town of Staryi Sambir. The Project will be implemented by the Kozytsky group (the Sponsor). The group is active in the development and operation of renewable energy projects in western Ukraine. The Sponsor has so far commissioned 13.7 MW in generation capacity, including 12.9 MW from renewable energy sources.

EBRD Finance Summary

EUR 7,600,000.00

The transaction includes up to EUR 7.6 million senior secured loan from the Bank and up to EUR 3.0 million senior secured loan from the Clean Technology Fund (CTF) through the Climate Investment Fund Special Fund administered by the Bank.

Total Project Cost

EUR 18,000,000.00

Environmental and Social Summary

Categorised B. The 9.9 MW wind farm construction near Stary Sambir settlement around 3 km distance from the Eco-Optima wind farm is associated with the site-specific environmental and social impacts that can be mitigated through appropriate management and implementation of the ESAP. The E&S Due Diligence was carried out by the USELF’s independent consultants in parallel with the technical review of the Project and included an E&S assessment of the wind farm, associated grid connection via 2.5 km long 35 kV cable, access roads, and cumulative impacts related to the past and planned wind farm developments in the area.

The Project was subject to local Environmental Impact Assessment (OVNS) with public consultation carried out in 2014 and did not raise opposition from the local community. The nearest residential properties of Strilbychi village are located 615 meters from the Project site. There are no cultural heritage sites or protected areas in the vicinity. The wider Project area is used as a habitat for Ukrainian Red Book protected species: 21 of birds and 10 species of mammals, including 8 species of bats. The Sponsor carried out a detailed biodiversity study in 2010 for the Eco-Optima Project, including relevant data and analysis to bird migration and protected species, as well as a mitigation and monitoring programme. This study’s recommendations will be used for the Project.

Potential impacts identified by Fichtner for the construction stage include land erosion, noise, vibration and air emissions from vehicles and machinery, road traffic, and excavation works impact on flora and fauna. Operational stage impacts are linked to the noise, vibration, flicker shadow, ice throw, impacts on birds and bats especially during migration season, visual impacts on landscape at the 175m height of turbines and ca.400m elevation ASL, radio interference and public safety among others. The ESAP was developed and agreed with the Company to address these and other identified E&S impacts. The Non-Technical Summary (NTS) of the Project, including description of its E&S impacts, related mitigation measures and grievance mechanism for stakeholders is published on the USELF website.

Technical Cooperation

Up to EUR 40,000 in donor assistance is expected to be provided for pre-signing legal support.

In addition, the Ukraine Sustainable Energy Lending Facility is supported by the following TC assistance: EUR 3.37 million contract for the Project Preparation Consultants.

Company Contact Information

Maxim Kozytsky

+380 32 2610776
12/9 Sichovyh Striltsiv Lviv, Ukraine 79000

Business opportunities

For business opportunities or procurement, contact the client company.

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Email: procurement@ebrd.com

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