Wanted: Finance & Donor Partners
Wind Power Plant for climate-neutral power generation.
Owner | LLC EKO WIND LETYCHIV |
Name, Place | Letychiv Wind Power Plant, near Kudyinka, Khmelnytskyi district, Western Ukraine, strategically chosen for wind patterns and elevation. |
Business strategy | Utilization of previously used wind turbines from Europe. |
Description | Capacity: 4 MW, wind energy source Equipment: Vestas V80 turbine with a capacity of 2.0 MW (2004). Annual generation: Approximately 8 million kWh, with a 20% seasonal variance allowing for precise generation planning. Potential: Ukraine’s wind energy capacity is an estimated 5000 MW. |
Project readiness level / permits | 80% (as of March 10, 2024) Land surveying, contracting, design, preparatory, construction works, equipment procurement, permitting documents, and commissioning are carried out simultaneously. |
Project documentation | Qualified investors will be granted access to the Business Plan, documentation, and project timelines. The project owners from Ukraine are available for consultations and negotiations. |
Timeline | Started in the 3rd quarter of 2023 – commissioning in the 2nd quarter of 2024. |
Market | Direct supply to end consumers and traders at market prices without the reliance on ‚green tariffs. |
Total project cost | € 2.474.852 |
Estimated payback period | 4,2 years |
Funding opportunities: the goal of external funding is to ensure continuity of operations and prepare for the next development phase.
- Credit financing: seeking 40-70% of project cost (€1.0 – €1.7 million) at an industry-reasonable 5-9% annual interest rate, targeting funds, individuals, or banking institutions.
- Grants: open to grants as part of Ukraine’s resilience and reconstruction efforts, particularly the connection to the power grid approximating costs €567,500.
- Equity participation: not considered for this project.
We respectfully consider each of the proposals for project financing.
Project status:
Additional projects for technical and social innovation with a separat financing:
- Innovative technical options, i.e. power autark area by innovative energy storage incl. green hydrogen (see Cool Energy, futher information Igor Varavva).
- New social structures, i.e. customers finance their energy production and benefits by steady prices and global independence for the customers of the energy production.
Please contact our project leader:
Konstantin Mishustin
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