Qatar’s Nebras Power and Kyiv’s UDP Renewables have entered into a consortium. It’s designed to yield up to $250 million in joint investment in Ukrainian solar and wind plants
by the end of next year, said Sergiy Yevtushenko, UDP’s co-founder and managing partner, on Facebook yesterday. Yevtushenko wrote, Nebras, a state-owned company, will buy control of six solar stations, noting Monday’s deal comes after two years of negotiations. He added: “The next stage of the partnership will be the implementation of new wind power projects which will create new capacity in ‘green’ energy to provide for the needs of about 310,000 average households.”