Ukrainian agribusiness group Kernel has secured a €100 million loan from Denmark’s Export and Investment Fund (EIFO) to build its first wind farm, expanding into power generation as wartime attacks increase pressure on Ukraine’s electricity system.
The 94.5-megawatt project in central Ukraine will comprise 21 turbines supplied and installed by Danish manufacturer Vestas, alongside a 30-megawatt battery storage system, EIFO said in a press release on Aug. 25.
