Notus Wind

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IFC is considering a senior loan to support the construction and operation of a 120 MW wind power plant (WPP) in Odesa Oblast of Ukraine (the “Project”). The Project is developed by a special purpose vehicle (SPV, or “the Company”) established by Notus Energy GmbH (“the Sponsor”), a German-based independent renewable energy producer and contractor. More information about the Sponsor may be found at: www.notus.de/en. The Project consists of the development, construction, operation, and maintenance of the wind farm, which is anticipated to be operational for around 20 years. The Project will involve the installation of 21 wind turbine generators (WTGs). Each turbine has a rated capacity of 5.9 MW and a rotor diameter of 163 meters. The standard hub height is set at 125 meters. In addition to the WTGs, the Project includes the construction of internal service roads, an off-site access road, underground cable networks, an approximately 8 km 110 kV overhead transmission line, and a 110/35 kV substation. During Project construction, road construction material will be delivered from external sources, and concrete will be delivered from an offsite facility, or possibly from a mobile mixing plant within the Project area.A lenders’ environmental and social consultant (LESC) has been engaged on behalf of the Project lenders to undertake the environmental and social due diligence (ESDD).