The Board of Directors of the Overseas Private Investment Corporation (OPIC) approved the key financing for the wind mill farm project in Zaporizhzhia region, which is the evidence of the attractiveness of Ukraine's energy sector.

The project was sponsored by Luxembourg-based company EuroCape New Energy Ltd., and the OPIC decision opens up the way for the development, construction and operation of the first 225 MW phase of the Project with a total planned capacity of 500 MW. The projected investment will amount to about EUR 466 million. General Electric Company is planned to sell and manage 62 wind turbines and to invest equity capital into the Project.