Ukrainian energy group DTEK via its renewables holding company has raised €90m ($105m) in debt financing from a consortium of German banks for the construction of the 100MW first stage of the Primorskaya wind project in Ukraine’s eastern Zaporzhazhya region, near the Sea of Azov.
“BayernLB is delighted to announce the financial close of the €90m financing of the first stage of the Primorsk Wind Farm located at the Sea of Azov,” said Heinz Jetschin, senior director at Bavarian state bank BayernLB, one of the banks in the consortium.
