Economics & valuation

The first development project consists of two separate WPPs with a combined planned installed capacity of 300MW, located on two different sites, both of which have been identified by the company management and independent consultants, as having a unique potential to generate optimal wind conditions throughout the year.

Once fully completed, the combined Project is expected to generate more than 1TW of clean energy per annum, which would amount to approximately 10% of the electricity demand of the otherwise underfed region of Crimea.

With expect revenues of over EUR130 million (UAH equivalent) per annum. The project is expected to generate an excellent IRR of more than 20% per annum on a conservative basis and is expected to remain commercially viable in a long term.