Investors are concerned that the government may impose unilateral changes to contracts with the renewable energy industry
A discussion of the agreements of foreign investors and the state Ukraine to reduce green tariffs and the future prospects of the green energy sector reached the level of the International monetary Fund (IMF). According to Energieforum, this became known from the letter of foreign investors, the head of the Fund Kristalina Georgieva, who ask her to help in the negotiations with the Cabinet of Ministers of Ukraine, writes “Znaj.ua”.
“Unfortunately, we are concerned that the government may be on the verge of going beyond the solutions proposed in the mediation process, and may seek to introduce punitive, retrospective, unilateral changes to contracts with the renewable energy industry… We would like to inform you about this situation, hoping that you will be able to raise this issue directly with senior Ukrainian leadership,” wrote the representatives of the 20 foreign companies.
In particular, among the authors of Notus (Germany) United Green (UK) LongWing Energy (Luxembourg), Emsolt (Turkey), NBT, Scatec Solar (both Norway), Rengy Solar (Netherlands), TIU Canada (Canada), VR Capital (USA), Vindkraft (Sweden), Eren Total (France).
