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Ukrenergo power grid plants to issue EUR 500-mln Eurobond to pay debts
Journal Staff Report

KYIV, June 11 - Ukrenergo plans in the fall of this year to issue five-year "green" bonds in the amount of approximately EUR 500 million to pay off debts to green electricity producers for 2020, Head of Ukrenergo Volodymyr Kudrytsky has said.

"The reason for stating this is our preparation, which we have been conducting for several months, our understanding of this process, as well as the fact that the state budget provides funds for state guarantees for the issuance of such bonds. We also have enough instruments, we see the support of state authorities in this. We are not seeing any fundamental obstacles now," he said in a comment to Energy Reform during the 12th European-Ukrainian Energy Day in Kyiv.




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