💥Today, November 17, 2021, EUEA together with RES industry associations (UWEA, UARE) sent a joint letter to the Prime Minister of Ukraine on compliance with the principles of transparency, equality and proportionality in debt repayment, which was formed to the RES electricity producers in 2020-2021.

✔️«Both investors in Eurobonds of PJSC «NPC «Ukrenergo» and RES electricity producers of  expect the Government to fulfill the goal of issuing Eurobonds and directing the entire amount of UAH 21.6 billion to repay debts of the SE “Guaranteed Buyer” for electricity generated from RES during the period 2020-2021. At the same time, we expect SE “Guaranteed Buyer” to comply with the principles of transparency, equality and proportionality in the distribution of funds between RES electricity producer» – noted in a letter.

🔻We will remind that on November 11, 2021 PJSC «NPC «Ukrenergo» transferred to the account of SE «Guaranteed buyer» UAH 19,3 billion received from the sale of “green” bonds to repay debts to RES producers, which on Saturday, November 13, Oschadbank froze, after which the Cabinet of Ministers fired the director of the “Guaranteed Buyer” Konstantyn Petrykovets.

 

ENG -RES Associations to PM on TSO Bonds 2021 11 17