Zaporizhia Wind Farm and Eurocape Ukraine LLC (Ukraine) (DFC-ZAPORIZHIAWINDFARM)

Countries
  • Ukraine
Where the impacts of the investment may be experienced.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Dec 14, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
EuroCape Ukraine I LLC
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 150.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ DFC website

Updated in EWS Aug 24, 2019

Disclosed by Bank Nov 15, 2017


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Project Description

According to the Agency's document, this project finances the development, construction and operation of the first 225 megawatt phase of a planned 500 megawatt wind farm in Ukraine. 

The major environmental and social concerns related to the Project include potential impacts on resident and migrating birds and bats, potential impacts from noise and shadow flicker, impacts to community health and safety resulting from increased traffic and influx of non-local workers, and the need for a robust environmental and social management system with appropriate organizational capacity given the ambitious timeline for construction.

Investment Description
  • US International Development Finance Corporation (DFC)
Private Actors