At the signing ceremony, NBT’s Viken said his company plans to build an additional 860 MW of wind farms in Ukraine “within the next three years.”

At the signing ceremony, NBT’s Viken said his company plans to build an additional 860 MW of wind farms in Ukraine “within the next three years.” NBT says the Lake Sivash project will be Ukraine’s first wind farm built with non-recourse financing, or financing tied to collateral. Senior debt of $312 million is being arranged by American investment bank JP Morgan. The EBRD is considering a major loan to the project.