Wednesday, 19 February

An agreement on the implementation of an international investment project to build a complex of wind farms in Kherson region with Norway’s NBT to play the leading role in the project was signed in the Presidential Administration of Ukraine on Thursday, writes Interfax-Ukraine.

Ukrainian President Petro Poroshenko said after the signing of the agreement by the sides that the agreement to build a wind farm with a total capacity of 250 MW would allow satisfying almost the half of the needs in electricity in Kherson region.

The head of state said that total investment under the agreement is almost $450 million. “Ukrainian reforms bring results in the form of Norwegian investment”, Poroshenko said. NBT develops wind farms in emerging markets. The company has offices in Oslo (Norway), Limassol (Cyprus), Beijing (China), Singapore, Kyiv (Ukraine) and Karachi (Pakistan). Corporate management and administration are located in Oslo, while the technical functions and procurement are located in Beijing and Singapore.

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