10 June 2019

Capital of solar ideas #2

In June 2019, Gelios Capital opened a credit line with PJSC UKRGASBANK to finance the Shiroke 23.1 MW project, which is one of the five largest banks in Ukraine in terms of assets. 94.94% of the Bank’s share capital belongs to the State of Ukraine represented by the Ministry of Finance of Ukraine. The size of the credit line amounted to almost 12.0 million US dollars.