StatusOperational

LocationUkraine

TechnologyOnshore wind

Project Overview

Low Carbon, in partnership with Vitol, LongWing Energy S.C.A. (LongWing) and GE, announced in May 2021 the commissioning of the first phase of the Zaporizhia onshore wind farm.

The operational wind farm has an installed capacity of 98MW and has the potential to generate enough clean energy to power more than 170,000 homes.*

Phase I was sponsored by LongWing and VLCR with GE EFS as a preferred equity investor. Senior debt financing was provided by United States International Development Finance Corporation (DFC), the U.S. development bank, formerly Overseas Private Investment Corporation.

The transaction is one of the first international project finance transactions in the Ukrainian renewable energy sector to be financed on an international non-recourse project financing basis.

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