- Published: 25 June 2019 25 June 2019
DTEK Renewables secured € 90 million to build phase II of the Primorskaya wind electricity plant (WEP) in Zaporizhzhya region, Ukraine. The loan is provided by a consortium led by Bayerische Landesbank and comprising two further German banks; KfW IPEX-Bank and ODDO BHF Aktiengesellschaft, and secured by export credit agencies Euler Hermes and CESCE. The loan term is for 10 years after the commissioning of the WEP.
Construction of the 100 MW phase II of the Primorskaya WEP started in 2018. The wind park will consist of 26 wind turbines manufactured by General Electric (GE), with a capacity of 3.8 MW each. Upon completion of all the work (phase I and II), Primorskaya WEP will be equipped with 52 GE 3.8-130/137-110HH wind turbines. The total value of the investments will be more than € 150 million. Completion of commissioning of the whole facility is planned for September 2019.