The State Bank will provide nearly $11M for the construction of a wind farm in the Transcarpathian region.
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The State Bank will provide nearly $11M for the construction of a wind farm in the Transcarpathian region.
State-owned Oschadbank will lend $10.9M to the Wind Farm Nyzhni Vorota-7 company to build a wind farm with two turbines totaling 10.4 MW in generating capacity in the Mukachevo district (Transcarpathia). The agreement is for eight years and utilizes $4M from the EBRD risk-sharing program. As explained by bank, a key feature of this project is that the bank is providing a loan to a newly established company (SPA) that has no operating results or …
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