DTEK launches its first wind farm in Ukraine

DTEK, the largest Ukrainian energy holding, has commissioned the first stage of Botievo Wind Power Plant (WPP) with the installed capacity of 60 MW (20 Vestas turbines with 3 MW capacity each). Another 10 turbines will be installed by the end of October, thus, the capacity under operation will reach 90 MW by the end of 2012.

Remaining 110 MW (second stage of the project) should be commissioned by the end of 2013 that will make Botievo WPP the largest Ukrainian wind farm with estimated annual electricity output of 686 GWh.

Cost of the project amounts to EUR 350 million. DTEK Wind Power received EUR 107 million as export financing from Landesbank Berlin AG for implementation of the first stage of the project (90 MW). EKF from Denmark provided respective export credit guarantees. Loan has been provided for 10 years with 1 year of grace period.

Botievo WPP is a part of 550 MW wind park DTEK Priazovskiy that also includes Primorsk WPP and Berdyansk WPP being currently under development.

Official press release of DTEK in Russian can be accessed here: http://www.dtek.com/ru/media-centre/press-releases/details/dtek-otkril-krupnejshuju-ukrainskuju-vetroelektrostantsiju

And this is English translation of respective Interfax News: http://www.kyivpost.com/content/business/dtek-starts-up-botiyeve-wind-farm-313899.html