During the Ukraine Recovery Conference-2025, held on July 10-11 in Rome, OKKO CEO Vasyl Danyliak informed potential foreign investors about the renewable energy projects that the company is currently implementing. At the same time, he signed mandate letters with the International Finance Corporation and the European Bank for Reconstruction and Development for their participation in the construction of OKKO's second wind power plant in western Ukraine. This project aims to help Ukraine's urgent energy needs. It is currently undergoing due diligence and is awaiting approval by the management and boards of directors of IFC and EBRD.
The Ukraine Recovery Conference-2025 is the 4th conference on Ukraine's recovery since the beginning of the full-scale war, with the participation of representatives of the government, international organizations, financial institutions, private businesses, civil society and other stakeholders. The program of the forum included a series of sectoral events focused on the problems of certain areas of the economy and social development. Vasyl Danyliak was one of the speakers at the B2B networking event dedicated to cooperation opportunities in the energy and climate sectors. The CEO of OKKO spoke about the practical experience of building one of the largest wind farms in Ukraine with a capacity of 147.2 MW.
The implementation of the project was made possible by attracting EUR 157 million in loans from IFC, EBRD and BSTDB. The first phase of the wind farm is expected to be launched by the end of 2025 and reach full capacity in 2026. The first wind turbines are currently being installed at the site. This will be one of the largest wind farms in Ukraine, the second largest in the non-occupied territories.
At the same time, OKKO Group has already begun preparatory work for the construction of another wind farm, with an even higher capacity of 192 MW. The total cost of the project is estimated at 300 million euros. The launch of this power plant is scheduled for 2028. The project also plans to be financed through a combination of internal and borrowed funds. One of the steps towards the implementation of this project was the signing of mandate letters with the EBRD and IFC in Rome. OKKO was represented by CEO Vasyl Danyliak, Vice President for Finance Nazar Kupybida, and Director of the Renewable Energy Department Oleksa Konenko.