OKKO Presents Wind Energy Projects at Ukraine Recovery Conference 2025 in Rome

On July 10–11, the Ukraine Recovery Conference 2025 (URC‑2025) took place in Rome, where the Ukrainian company OKKO officially presented its flagship renewable energy projects.

Among the partners involved are the European Bank for Reconstruction and Development (EBRD), the International Finance Corporation (IFC), and the Black Sea Trade and Development Bank (BSTDB). All three financial institutions confirmed their readiness to invest hundreds of millions of euros in Ukraine’s green energy sector.

OKKO CEO Vasyl Danylyak presented the company’s renewable energy strategy and signed mandate letters with IFC and EBRD to jointly finance a second wind power plant — a 192 MW project located in Zaturyntsi, Volyn region.

The project is currently undergoing due diligence and awaits final approval by the boards of directors of both banks.

“This project addresses several key challenges at once. Firstly, it strengthens the country’s energy security and independence. Secondly, it advances the transition to zero‑emission electricity production,” — said Vasyl Danylyak.

First Wind Farm: Ivanichy, Volyn Region
At URC‑2025, OKKO also reported on the construction progress of its first wind farm near Ivanichy, Volyn:

Capacity: 147.2 MW
Total investment: €257 million (incl. VAT), of which €157 million is co-financed by EBRD, IFC and BSTDB
Expected annual generation: ~380 GWh
CO₂ reduction: approx. 245,000 tons/year
Planned commissioning: Q3 2026
The site includes 25 Nordex N163/5.X turbines currently being installed. The project is implemented by Wind Power GSI Volyn — a subsidiary of OKKO’s parent company Galnaftogaz.

The European Union (via Ukraine Investment Framework guarantees)
The UK Government (£3.8 million grant)
Clean Technology Fund (CTF)
EBRD’s new URMM (Ukraine Renewables Risk Mitigation Mechanism) — introduced at URC‑2025 to attract up to €1.5 billion in financing for 1 GW of new renewable capacity.
Global 100RE’s Position
OKKO is among the first major Ukrainian companies to implement systematic wind energy investments in the post-war context. This represents not only a reduction in fossil fuel dependency, but also a concrete step toward climate neutrality and the restoration of critical infrastructure.

Sources: ifc.org, ebrd.com, en.interfax.com.ua, biz.liga.net, ecopolitic.com.ua. More news — at 100re.org.ua.