Nova-Eco Ukraine

Nova-EcoNova-Eco

UkraineUkraine

Alexander FediaevAlexander FediaevUnited Nations Climate Change Conference - Nairobi,United Nations Climate Change Conference - Nairobi,

14 November 200614 November 2006

Owner of a 300 MW wind power project Owner of a 300 MW wind power project developed within the JI framework and developed within the JI framework and

taking its experience to the markettaking its experience to the market

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NOVA-ECO LLC 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-Eco’s 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 team’s

experience to create further value in Ukrainian market

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Nova-Eco’s 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-Eco’s Project Information Note

Nova-Eco’s 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-Eco’s 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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The windy location of WPP-300

Ukraine

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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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Nova-Eco Consulting’s 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

PDD

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Contacts:

Nova-Eco LLC28 Jurkovskaja St.Kiev, UkrainePhone: +380 44 501 [email protected]

Nova-Eco Ukraine

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