SYVASHENERGOPROM LLC
Status: Approved investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Our client is SyvashEnergoprom LLC (a.k.a. “Syvash”), a company established and incorporated in the Ukraine: Syvash has a sizeable wind farm in the Kherson Oblast (province). On February 24th, 2022, the area around and including the Project Site became occupied by Russian forces.
What is our funding objective?
The funding objective is a contribution to provide humanitarian aid to Syvash’s staff, of which many reallocated after Russian forces occupied the Project Site and a larger area.
Why do we fund this investment?
FMO aims to provide support to Syvash and all their staff affected by the Russian invasion into the Ukraine and their displacements after the occupation by Russian forces of this area. The amount of FMO’s support is up to EUR45,000.-
More investments
| Date | Total FMO financing |
|---|---|
| 1/23/2019 | EUR 50.00 MLN |
- Region
- Europe & Central Asia
- Country
- Ukraine
- Sector
- Energy
- Effective date
- 7/19/2022
- Total FMO financing
- EUR 0.05 MLN
- Funding
- FMO NV
-
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B+