Syvash Wind Power Project, Ukraine

The Black Sea Trade and Development Bank (BSTDB) is considering providing support to SyvashEnergoProm LLC (the “Borrower”) to finance the construction and operation of a wind farm with the installed capacity of up to 250 MW. The farm will be located in Southern Ukraine. The Borrower is a special purpose company incorporated in Ukraine and owned by East Renewable Energy AB.

As per requirements of BSTDB’s Environmental and Social Policy and Public Information Policy the operation has been screened as Environmental and Social (E&S) Category A. This requires an Environmental Impact Assessment (EIA) to be carried out before any construction can start, a meaningful public consultation process, and public disclosure on the Bank’s webpage of any E&S information relevant to the operation. For private sector operations the information is disclosed not later than thirty (30) calendar days before the Board of Directors discussion. Thus, any stakeholders directly or indirectly affected by the wind farm, or have an interest in it, can review such information, make enquiries, and provide comments. This however does not substitute for the Borrower’s obligation to identify stakeholders affected by, or interested in the wind farm, and communicate with them in a meaningful way.

Currently the following E&S information is available for review and comment:

Full ESIA package (zip file)

NTS: English | Ukrainian | Russian
SEP: English | Ukrainian
ESAP: English | Ukrainian

Full ESIA documentation on the Company web site and is available in Ukraine at:

NBT AS
Gulliver Business Center
1A Sportyvna sq, 17th floor
Kiev, Ukraine

And locally at:

Sadova Street 33
Village Grygorivka
Chaplinskiy district
Kherson region
Ukraine

For any E&S enquiries you may contact:

Børge Tvorg
VP Project Finance
NBT AS
Filipstad Brygge 1
0252 Oslo, Norway
Mobile: +47 911 93 033
Email: bt@nbtas.no

And

Oksana Rakovich
Environmental & Social Manager
NBT AS
Gulliver Business Center
1A Sportyvna sq, 17th floor
Kiev, Ukraine
Mobile: +380 (96) 818 86 44
Email: es@nbtas.no