{"id":32038,"date":"2025-11-05T17:55:45","date_gmt":"2025-11-05T15:55:45","guid":{"rendered":"https:\/\/euea-energyagency.org\/?p=32038"},"modified":"2025-11-12T14:15:33","modified_gmt":"2025-11-12T12:15:33","slug":"ebrd-reagro-and-globino-group-sign-mandate-letter-to-advance-ukraine-s-biomethane-sector","status":"publish","type":"post","link":"https:\/\/euea-energyagency.org\/en\/uncategorized\/ebrd-reagro-and-globino-group-sign-mandate-letter-to-advance-ukraine-s-biomethane-sector\/","title":{"rendered":"EBRD, ReAgro, and Globino Group sign Mandate Letter to advance Ukraine\u2019s biomethane sector"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">In Berlin, on November 5, 2025, during the event <\/span><i><span style=\"font-weight: 400;\">Ukraine Reimagined: Investing in Renewables and Storage<\/span><\/i><span style=\"font-weight: 400;\">, held as part of the 16th European-Ukrainian Energy Day and organized by the European-Ukrainian Energy Agency in cooperation with the Secretariat of the German-Ukrainian Energy Partnership, a Mandate Letter was signed between the European Bank for Reconstruction and Development (EBRD), ReAgro, and the Globino Group.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The document grants the EBRD a mandate as <\/span><b>mandated lead arranger<\/b><span style=\"font-weight: 400;\"> to conduct full financial, technical, and environmental &amp; social due diligence and to prepare the structure of <\/span><b>long-term project financing<\/b><span style=\"font-weight: 400;\">, subject to satisfactory results and the Bank\u2019s internal approvals.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The signing marks an important milestone in the development of <\/span><b>two biomethane projects in Poltava region<\/b><span style=\"font-weight: 400;\"> \u2013 the <\/span><b>Globyno<\/b><span style=\"font-weight: 400;\"> and <\/span><b>Novoselivka<\/b><span style=\"font-weight: 400;\"> plants, with a combined capacity of around <\/span><b>10 million m\u00b3 of biomethane per year (\u2248 100 GWh)<\/b><span style=\"font-weight: 400;\">. Both projects have already received support under <\/span><b>The Innovate Ukraine <\/b><b>Programme<\/b><span style=\"font-weight: 400;\">, funded by <\/span><b>UK International Development<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The signing of the <\/span><b>Mandate Letter<\/b><span style=\"font-weight: 400;\"> is a significant signal for the entire sector: Ukrainian biomethane projects are demonstrating compliance with international <\/span><b>project finance<\/b><span style=\"font-weight: 400;\"> standards and the ability to attract institutional lenders.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The signing of the Mandate Letter sent an important signal to the entire industry: Ukrainian biomethane projects now have the opportunity to meet international project finance standards and attract institutional lenders.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">The <\/span><b>Globyne Biomethane Plant (GBP)<\/b><span style=\"font-weight: 400;\"> will process more than <\/span><b>200 000 tonnes of livestock waste per year<\/b><span style=\"font-weight: 400;\">, producing <\/span><b>biomethane, green electricity<\/b><span style=\"font-weight: 400;\">, and <\/span><b>digestate<\/b><span style=\"font-weight: 400;\"> for use as organic fertilizer. The project investment is approximately <\/span><b>\u20ac15 million<\/b><span style=\"font-weight: 400;\">, with an annual output of <\/span><b>4\u20135 million m\u00b3 (\u2248 45\u201350 GWh)<\/b><span style=\"font-weight: 400;\">. <\/span><b>Construction is planned to start in the second half of 2026.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The <\/span><b>Novoselivka Biomethane Plant (NBP)<\/b><span style=\"font-weight: 400;\"> will be the largest facility in ReAgro\u2019s portfolio, processing over <\/span><b>400 000 tonnes of agricultural waste per year<\/b><span style=\"font-weight: 400;\"> from several farms in the region. Its expected output is up to <\/span><b>6 million m\u00b3 (\u2248 60 GWh)<\/b><span style=\"font-weight: 400;\"> of biomethane annually. The project investment is around <\/span><b>\u20ac23 million<\/b><span style=\"font-weight: 400;\">, and <\/span><b>construction is scheduled to begin in the second half of 2027.<\/b><\/p>\n<p><b>Oleksii Mushak, Founder and CEO of ReAgro:\u00a0\u00a0<\/b><\/p>\n<blockquote><p><span style=\"font-weight: 400;\">\u201cLaunching cooperation with the EBRD is an important step for Ukraine\u2019s biomethane industry. It enables us to unlock the potential of the Ukrainian biomethane market, which has unique starting advantages \u2013 large volumes of agricultural feedstock, a well-developed gas infrastructure and Europe\u2019s clear need to replace fossil fuels with sustainable energy sources gradually.\u201d<\/span><\/p><\/blockquote>\n<p><b>Roman Parkhomenko, Co-Shareholder of the Globino Group: <\/b><\/p>\n<blockquote><p><span style=\"font-weight: 400;\">\u201cOur production sites, stable feedstock base and circular use of digestate form the foundation for scaling biomethane production. Cooperation with the EBRD and ReAgro allows us to implement this quickly and systematically.\u201d<\/span><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\"><strong>Anastasiia Vereshchynska, CEO of the EUEA, emphasized:<\/strong><br \/>\n<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400;\">\u201cThe collaboration between businesses, financial institutions, and the state opens up real investment opportunities for Ukrainian energy. Biomethane is already becoming an integral part of Ukraine\u2019s future energy system, which is being developed according to international standards. We are pleased that the EUEA is creating a platform for such initiatives.\u201d<br \/>\n<\/span><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">Following the launch of the Globyne and Novoselivka plants, <\/span><b>ReAgro plans to build at least one new biomethane plant each year starting from 2028<\/b><span style=\"font-weight: 400;\">, adding approximately <\/span><b>50 GWh of green gas annually<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><a href=\"https:\/\/euea-energyagency.org\/en\/uncategorized\/ebrd-reagro-and-globino-group-sign-mandate-letter-to-advance-ukraine-s-biomethane-sector\/attachment\/image001-2\/\" rel=\"attachment wp-att-32144\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-32144\" src=\"https:\/\/euea-energyagency.org\/wp-content\/uploads\/2025\/11\/image001.jpg\" alt=\"\" width=\"2000\" height=\"1333\" srcset=\"https:\/\/euea-energyagency.org\/wp-content\/uploads\/2025\/11\/image001.jpg 2000w, 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\/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In Berlin, on November 5, 2025, during the event Ukraine Reimagined: Investing in Renewables and Storage, held as part of [&hellip;]<\/p>\n","protected":false},"author":135,"featured_media":32144,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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