Home SyvashEnergoProm LLC SyvashEnergoProm LLC In brief With a generating capacity of 250 MW, Syvash will be the largest wind farm in Ukraine. The project enjoys the Feed in Tariff for wind, which is valid until January 1, 2030. The forecasted wind regime is very good in the area. The estimated capacity factor of the project is close to 40%. Main development impact The project will be a substantial addition to Ukraine’s renewable energy portfolio, which prior to this project is approximately 1,200 MW (excluding hydropower). The project is also aligned with the energy strategy of the country. During the construction phase, the project will create employment in the area and the local communities will also benefit from improved infrastructure, such as access roads. The project will have a social responsibility program, which will support the lives of the nearby communities. The main development impact of the project will come from avoided CO2 emissions. The project is estimated to reduce CO2-emissions by approximately 300,000 tons per year. This equals to emissions of approximately 100,000 personal vehicles annually. Investment details Name: SyvashEnergoProm LLC Project number: 80000135 Region: Europe and Central Asia Country: Ukraine Sector: Energy Signing date (month/year): April 2019 Currency: EUR Finnfund's financing (commitment): 15,000,000 Instrument: Loan Size of the project financing: 250 MW Share of Finnfund's financing (%): 4 % Status: Active Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year.April Read our transparency and disclosure policy More information: Ajankohtaista ja julkaisut Nykyiset investoinnit Toimialat Yhteystiedot Key facts Name: SyvashEnergoProm LLC Sector: Energy Region: Europe and Central Asia Country: Ukraine Currency: EUR Finnfund's financing (commitment): 15,000,000 Signing date (month/year): April 2019 Last update: June 2019