LLC BOHUSLAVENERGY
Status: Approved investmentWhy disclosure?
FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more
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
Scatec is a leading renewable energy solutions provider, accelerating access to reliable and affordable clean energy in high growth markets. As a long-term player, Scatec develops, builds, owns and operates renewable energy plants, with 3.5 GW of installed capacity across four continents today. Scatec has an established global presence and manages within the group the greenfield solar projects Boguslav and Chysta/Kamianka.
What is our funding objective?
FMO’s funding will be used to support Scatec’s staff of all projects in Ukraine in bearing the cost of reallocation and sustaining their mental health, following the war. Also, some part of this funding will be used for humanitarian support of Boguslav and Kamianka’s communities.
Why do we fund this investment?
FMO’s funding will contribute towards safeguarding employment for its staff and serve its customers which in turn would preserve the impact created by our investment in Scatec.
More investments
| Date | Total FMO financing |
|---|---|
| 7/8/2019 | EUR 10.01 MLN |
| 7/8/2019 | EUR 4.35 MLN |
| 7/8/2019 | EUR 10.15 MLN |
- Region
- Europe & Central Asia
- Country
- Ukraine
- Sector
- Energy
- Effective date
- 6/21/2022
- Total FMO financing
- EUR 0.05 MLN
- Funding
- FMO NV
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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+