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Deal #9745 Version #89281

Ukraine
Created at
2022-12-09
Last update
2023-01-23
Last full update
2024-02-20

Overall comment

Overall comment
Novoazovskiy Wind Park was the first wind energy project in the CIS financed by the European Bank for Reconstruction and Development. The loan is granted for a period of 20 years. The EBRD loan is a confirmation that the wind energy industry, which is developing in Ukraine exclusively through private investment, has great potential and is trusted by major international institutions. Novoazovsk wind park has both foreign and Ukrainian investors. Destruction of vegetation cover, powerful impact of wind farm construction on steppe habitats and initiation of erosion processes. During the implementation of the wind park, all the requirements of botanists, ornithologists, zoologists were considered to reduce the harmful impact of wind farms on the environment. Novoazovskyi Wind Park LLC is a part of one of the largest wind energy holdings in Ukraine, Wind Parks of Ukraine. The management of Novoazovsk wind park imported wind turbines free of duty.