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Mykolaiv Solar project

Sector: Commercial • Location: Ukraine

Source: World Bank Group

Project
Active

The project entails the construction of a 47 MW solar plant in Mykolaiv region, South Ukraine. Owners of the facility are Scatec Solar (51 %) and Rengy Development (49%) and provide $ 18.18 million in equity. Debt is provided by EBRD and Black Sea Trade and Development Bank, the two companies split a $ 40.92 million in loans for the project. The project will be realized under the country's 10-yea

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The project “Mykolaiv Solar project” is an infrastructure initiative in the Commercial sector, located in Ukraine. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project entails the construction of a 47 MW solar plant in Mykolaiv region, South Ukraine. Owners of the facility are Scatec Solar (51 %) and Rengy Development (49%) and provide $ 18.18 million in equity. Debt is provided by EBRD and Black Sea Trade and Development Bank, the two companies split a $ 40.92 million in loans for the project. The project will be realized under the country's 10-year Feed-in-Tariff scheme and are expected to produce about 58 GWh per year. Scatec Solar will be the Engineering, Procurement and Construction (EPC) provider and provide Operation & Maintenance as well as Asset Management services to the power plant. Construction is starting imminently with commercial operation during 2019. Financial close took place on December 14, 2018. https://globenewswire.com/news-release/2018/12/14/1667225/0/en/Scatec-Solar-reaches-financial-close-for-its-first-project-in-Ukraine.html

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Source

Source reliability

High

Data quality score

100%

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URL

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More Details

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