Wind Energy Investments in Ukraine

UTC plans to establish an industrial and materials company that manages its own low-carbon energy. Energy (in the form of electrons and molecules) is our input, not our final product. As renewables become more standardized, we shift profit margins downstream—from electrons to flexibility, to certified molecules, and to finished goods (such as glass, fertilizers, construction materials, e-fuels, and selective steel), all compliant with CBAM (Carbon Border Adjustment Mechanism) for the EU (European Union) market.

Wind Projects:

The IRR for WPP projects in Ukraine is 16-17%. Depending on the project, the IRR can reach 19%
Cost to build 1 MW of WPP is €1.3 – €1.4M (Turnkey)
The cost of a Feasibility study is €50,000 per 1 MW to reach Ready To Build (RTB) and takes 24 months.
Timeline: If we purchase the RTB WPP project, the construction time to launch the plant is 18-24 months.
Project availability: UTC has access to RTB WPP projects with a capacity of over 400MW. Currently, 2 Ready To be Build (RTB) Wind projects available for purchase and ready for development (Vinnytsia 250MW, Cherkassy region 151 MW.)
Team: The UTC Energy Team is in place, comprising energy experts with over 10 years of experience working on energy projects, including SPP and WPP.

Strategy: The UTC Energy team will build, service, maintain, sell electricity, find direct energy buyers, and trade electricity on the market to achieve a higher sales price.
Development: The UTC team will construct WPP projects in partnership with local experienced partners such as Eco Optima and Wind Farm.
Land: A total of 50 hectares of land plots are available for the development of energy projects in the Western and Central parts of Ukraine. (Cherkasy, Vinnytsia, and Transcarpathia regions)
Payback: After money is paid back in year 7 (includes 2 years for development), the UTC and the Investor will own 50% of the asset each.
The investor’s exit strategy can be various, with an option to exit the investment after the money is paid off.
Investment size: The investment size in WPP projects starts at $50M and above.
War Risk: Moderate due to the war; however, most investments are expected to take place in central and Western Ukraine, which is far from the frontlines. All investments will take place in the Lviv, Vinnytsia, Cherkasy, Ternopil, Ivano-Frankivsk, and other western regions far from the frontlines. (at least 500 km and more from the frontline.)