With wind and solar executives desperately renegotiating bank loans and talking to lawyers about international arbitration, the most visible sign of Ukraine’s crisis came in January when Norway’s Aker decided, after six months of due diligence, not to go ahead with a planned purchase of NBT. Aker reportedly cited “Ukraine exposure” as its reason for not going through with the deal to buy control of NBT, which had plans for 1 G of wind power plants southern Ukraine.
With wind and solar executives desperately renegotiating bank loans and talking to lawyers about international arbitration
