DTEK Unit Wins $182 Million Landesbank Loan for Ukraine Wind
Wind Power LLC, a unit of Ukraine energy company DTEK Holdings BV, won a 138 million-euro ($182 million) loan from Landesbank Berlin AG for a wind farm in the nation’s south.
The 10-year loan will fund the second phase of the Botievo venture in Zaporizhia with a total capacity of 105 megawatts, DTEK said today in an e-mailed statement. Construction at the site is slated to finish in 2014, according to the company.
Vestas Wind Systems A/S (VWS) of Denmark is supplying turbines to the park and the nation’s export credit agency Eksport Kredit Fonden backed the deal, according to the statement.
To contact the editor responsible for this story: Tony Barrett at email@example.com