A consortium of German banks is loaning EUR 90 million to DTEK RES for construction of a first 100 MW phase of its Primorsky wind power plant

A consortium of German banks is loaning EUR 90 million to DTEK RES for construction of a first 100 MW phase of its Primorsky wind power plant in Zaporizhie region. With French credit insurance company Euler Hermes providing cover, the consortium includes Bayerische Landesbank, Bremer Kreditbank Aktiengesellschaft, and KfW IPEX-Bank GmbH. The largest producer of electricity energy from wind in Ukraine, DTEK RES plans to build in the first stage, 26 wind turbines, each made by General Electric and having a capacity 3.8 MW. Earlier this year, in April, DTEK RES signed a EUR134 million contract with China’s CMEC to build a EUR 235 million, 200 MW solar plant in Nikopol, Dnipropetrovsk region.