Financial blow to investors: Debts in the “green” energy sector reached UAH 18.6 billion

Financial blow to investors: Debts in the “green” energy sector reached UAH 18.6 billion

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Critical underpayments are reported. They hurt investors in renewable energy sources. Almost 70% of underpayments are reported by “Evening Vesty” with reference to Alexei Orzhel.

Alexey Ordzhel claims critical underpayments. Investors in “green” energy receive only a third of the amount of funds that are needed.

“Since the first of July, the settlement level has decreased. It fell to 32-33% of the required volume,” said Alexey Ordzhel.

He also emphasizes that the debt to investors amounts to UAH 18.6 billion. These data are taken from the June financial stability report.

Investors say that the debt crisis is a consequence of price restrictions on green electricity in the Ukrainian state.

Naftogaz was also not paid extra. The sum amounts to a financial blow to investors: Debts in the “green” energy industry reached UAH 18.6 billion and $200 million.

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