MCL Group
MCL GROUP is a professional team with over 12 years of experience in the renewable energy market of Ukraine. The initial objective of the company was to help clients fulfill their nature-positive goals and to offer them professional environmental guidance and assistance. However, later our focus has been expanded to designing and developing renewable energy projects. Currently, the company owns a large portfolio of co-developed “green” generation (more than 500 MW) and develops its own wind projects from scratch. MCL is a full member of the Ukrainian Wind Energy Association and WindEurope.
The Ukrainian company MCL Group invites potential investors to contribute to Ukraine’s recovery through the joint implementation of 144 MW wind power project in the North-West of Ukraine The project will be implemented in two stages of 72 MW each. MCL Group started development of the first phase long before the large-scale russian invasion of Ukraine. Currently, the first phase of 72 MW capacity is completely ready-to-build and is marked by its developer as part of Ukraine’s recovery. Construction of the first phase of the future Volodymyrets WPP located 130 km from the border with Poland, in the Rivne region, envisages installation of 12 modern wind turbines with unit capacity of 6 MW.
Project key indicators
Generation capacity: 239 927 MWh/year
GHG reduction: 108 927 t CO2/year
Technology: VESTAS, GE
Needed funds: 93 500 000 USD
Equity funds: 24 000 000 USD
Debt sought: 70 000 000 USD
EBITDA (2nd year): 13 180 000 USD
NPV: 47 000 000 USD
IRR: 17.4%
Payback period: 7 years
Profitable features of this wind project for your investment portfolio:
- Flexibility of investment decision-making. The capacity of the first phase is divided between 4 legal entities, which creates flexible conditions for potential cooperation depending on the investor's capabilities.
- Highly developed transport and grid network. Rivne region has a favorable geographical position and a developed transport network. Around 5 highways and numerous railway lines across this region, so the logistical issue does not require much financial efforts. The calculated distance from the wind farm to its 110/35 kW substation is up to 2 km.
- Guaranteed and stable income. The key revenue tool for this project is a long-term corporate PPA. We currently have up to 10 Memorandums of Intent with potential large industrial consumers.
- Long-running cooperation. Your cooperation with us suggests a long-term perspective both within this wind power project and other company services.
- The opportunity to become a long-term player in Ukraine’s RES market, which will gain momentum after the war. The end of the war and Ukraine’s victory, the flow of money into the Ukrainian economy as well as Ukraine’s integration into the EU will bring the Ukrainian RES market, especially the wind one, to a new development and profitability level.
Various services for wind project development from start till commission:
- Site selection and analysis of grid connection
- Macrositing
- Land use engineering
- Feasibility study of the project
- The Social and Environmental Impact Assessment (ESIA)
- Engineering of connection of wind farms to power grids
- Approval of heights in the competent authorities
- Project design
- Monitoring of construction works
- Designer supervision
