Nova-Eco

Ukraine
Owner of a 300 MW wind power project
developed within the JI framework and
taking its experience to the market
Alexander Fediaev
United Nations Climate Change Conference - Nairobi,
14 November 2006

Nova-Eco in brief

Nova-Eco owns the development of a 300 MW wind power project in

Crimea, Ukraine

Nova-Eco is managed by a team with development experience from

more than 2,000 MW of implemented power projects

Nova-Eco employs skilled Ukrainian staff

Nova-Eco has strong ties to Ukrainian industries

Nova-Ecos operation is well funded

Nova-Eco has created Nova-Eco Consulting as an independent

advisory firm for Joint Implementation Projects, Environmental Audits
and renewable and traditional energy projects enabling its teams
experience to create further value in Ukrainian market

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November 2006
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Nova-Ecos Joint Implementation

experience from start to investment

Nova-Eco started a 300 MW wind power

development (WPP-300) in Crimea, Ukraine in 2005
with an investment value of 350 million Euro.
WPP-300 attracted a Joint Implementation
investment from the Swedish Energy Agency (STEM)
and Nordic Environmental Finance Corporation
(NEFCO) based on Nova-Ecos Project Information
Note
Nova-Ecos team successfully negotiated an Option
Agreement with the investors, obtained a letter of
endorsement from the Ukrainian authorities and
developed the Project Design Document
Nova-Ecos team is now completing the negotiation of
the ERPA, following the determination process and
applying for the Letter of Approval
Nova-Eco has strengthened its team and created an
independent advisory company Nova-Eco Consulting
to provide its experience to other Kyoto based
developments
Nova-Eco Consulting recently won the Ukrainian
contents to a 100 million Euro energy efficiency loan
project from an international bank in cooperation with
Vattenfall Power Consultants and SEK Financial
Advisors from Sweden
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November 2006
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The windy location of WPP-300

Ukraine

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November 2006
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Facts & Figures WPP-300

Nova-Eco is the largest private investment in the wind power market of Ukraine
Nova-Eco is planning the largest wind power park in Ukraine with a 300 MW
installed capacity in two locations with average wind speeds of 8.5 m/s
Nova-Eco has secured the supply of 150 type MM92 (REPower) wind turbines
for installation during 2008-2009
Nova-Eco will use advanced equipment from ABB (Sweden) for the
interconnection to Ukrainian National Power Grid
Nova-Eco is in negotiation with international investors to secure equity
investments
Nova-Eco is conducting due diligence with debt providers in order to establish
a non-recourse project finance
WPP-300 will reduce GHG emissions by 3,7 million tons of CO2 equivalent
during 2009-2012
Ukrainian Parliament is reviewing the new proposed law on green tariff which
will give the investors adequate returns

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November 2006
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Nova-Eco Consultings activities

Project management
Project planning and permit applications in
Ukraine
Wind measurements and environmental audits
Conceptual engineering studies
Environmental Impact Assessments according to
EBRD standards
Public consultations
Project Information Notes (PINs)
Project Design Documents (PDDs)
Management of approval processes in Ukraine
Management of determinations
Financial modeling and advisory

PD
D

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November 2006
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Contacts:
Nova-Eco LLC
28 Jurkovskaja St.
Kiev, Ukraine
Phone: +380 44 501 7566
info@nova-eco.kiev.ua

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November 2006
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