Economy

Wind Farms of Ukraine to invest UAH 3 b in projects by 2017

The Wind Farms of Ukraine Group plans by 2017 to invest UAH 3 billion in projects to create wind farms, Wind Farms of Ukraine LLC Director General Vladyslav Yeremenko has said.

"Wind Farms of Ukraine plans to invest UAH 3 billion in the next four years," he told reporters in Kramatorsk on September 21, 2012.

Yeremenko said that the funds to realize the projects are to be raised from state-run banks, as well as Prominvestbank, Megabank, and the European Bank for Reconstruction and Development (EBRD).

He said that the buyback period will be around seven or eight years.

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