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A large-scale wind project that will be located in the Kherson region in Southern Ukraine will commence construction in 2023.

The project will bring EUR 76 mln of investment and creating 360 jobs to the region. CMS Cameron McKenna Nabarro Olswang in Kyiv advised CWP Europe (CWP) on the acquisition of 73MW wind project. An acquisition represents an important step for CWP and its ambitious plans in Ukraine. A market where renewables only account for a 4% share of overall energy generation in 2015 and is now projected to reach up to 25% over the next decade.

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