GE Energy Financial Services has facilitated the raising of € 90 million in project financing for stage I (100MW) of DTEK Renewables B.V. Primorskaya wind electricity plant (Primorskaya WEP), located in the Zaporizhia region in South Ukraine.
GE Renewable Energy will provide and install 26 of its 3.8-130-110HH wind turbines. Stage I of Primorskaya WEP is part of a two-phase process to build a 200MW wind farm and will be fully operational by end of 2019. GE also signed a 20-year Full Service Agreement for the operation and maintenance of the turbines. Additionally, GE Grid Solutions has signed a € 4 million contract for the supply of equipment related to the connection of the wind farm to the national grid.
