pv

Ukraine

Scatec Solar reaches financial close for another 54 MW in Ukraine

25
Scatec Solar and partners have closed financing for the 54 MW Boguslav project with a total investment of 54 million euros.
Scatec Solar reaches financial close for another 54 MW in Ukraine

FMO, the Dutch development bank, Green for Growth Fund (under FMO’s B Facility) and GIEK (providing an unfunded credit guarantee) have signed credit agreements for the non-recourse debt financing of the Boguslav project. The credit facilities amount to 38 million euros and covers up to 70 percent of the total project costs. The financing has been coordinated by FMO.

“We are proud to complete financing for our fifth solar power project in Ukraine” said Raymond Carlsen, CEO of Scatec Solar. “This is another confirmation of Scatec Solar’s strong foothold in the country where we together with our partners continue to support the growth of renewable energy. We are very appreciative of our relationship with this group of international financiers, who provide long term debt funding for the Boguslav project”.

Scatec Solar will be the lead equity investor and is in the process of securing additional equity partners. The company will also be the Engineering, Procurement and Construction (EPC) provider and provide Operation & Maintenance as well as Asset Management services to the power plants. Construction has started with expected commercial operation in first half of 2020.

The project will be realised under Ukraine’s 10-year Feed-in-Tariff scheme and is expected to deliver about 61 GWh per year. The Boguslav plant located in the Kyiv region will be providing clean energy for up to 27,000 households and contribute to avoid about 36,600 tonnes of carbon emissions per annum. Public land will be leased for an extended time-period and the solar power plants are expected to deliver power also beyond the Feed-in-tariff period.

With this project Scatec Solar has 336 MW under construction and 69 MW of project backlog in Ukraine.Globally, Scatec Solar has 844 MW in operation and 1,070 MW under construction, and a project backlog and pipeline of 4.6 GW.

For additional information:

Scatec Solar

Add a comment
convert
I found so many interesting stuff in your blog especially its discussion. From the tons of comments on your articles, I guess I am not the only one having all the enjoyment here! keep up the good work... convert money
Alice
I think this is an informative post and it is very useful and knowledgeable. therefore, I would to thank you for the efforts you have made in writing this article. rent vacation home in poconos pa
Online
Took me time to understand all of the comments, but I seriously enjoyed the write-up. It proved being really helpful to me and Im positive to all of the commenters right here! Its constantly nice when you can not only be informed, but also entertained! I am certain you had enjoyable writing this write-up. Online Quran Academy
Hotmail
A good blog always comes-up with new and exciting information and while reading I have feel that this blog is really have all those quality that qualify a blog to be a one. Hotmail
jaimeallen
It\'s good that Scatec Solar has reached this financial close. I would to think that they are hot link right now, and they are doing better than the house of jack online casinos. Would you agree with that statement?
jaimeallen
Reaching a financial close of 54 MW is great for Scatec scolar. I have heard that Scatec are putting money in online roulette https://icasinoreviews.info/online-roulette-nz/ , as well. I think this will be beneficial for them, since many gamblers play online roulette constantly.
eternel
You have done a amazing job with you website voyance-amour-eternel.com
ahad
Great Article it its really informative and innovative keep us posted with new updates. its was really valuable. thanks a lot. 프로토
furniture
Well we really to visit this site, many useful information we can get here. furniture movers melbourne
removalists
If your looking for Online Illinois license plate sticker renewals then you have need to come to the right place.We offer the fastest Illinois license plate sticker renewals in the state. budget removalists melbourne
1 2 3