Banks refuse to finance green energy in Ukraine due to debt crisis in the energy market - investors.

Director of the European-Ukrainian Energy Agency Anastasia Vereshchynska reported that the existing state debts for green electricity complicate obtaining bank loans for the construction of new power plants. She noted that banks do not want to finance projects where the state plans to purchase electricity from new stations. Additionally, the unresolved issue of debts in the electricity market complicates the attracting of new investments in energy. Among other factors that hinder attracting new investments in the energy sector are slow liberalization of the electricity market and price restrictions affecting business conditions. MP Oleksiy Kucherenko believes that to stabilize the situation with debts in the energy market, it is necessary to develop a roadmap that will address technical and financial issues.

The need to repay state debts for green electricity complicates the process of obtaining bank loans for the construction of new power plants. This was stated by the director of the European-Ukrainian Energy Agency Anastasia Vereshchynska. She explained that banks are not interested in financing such projects because the state plans to purchase electricity from newly built stations. Also, the main issue is resolving the debts in the electricity market, for which there is still no answer. Producers of green electricity face this issue directly, but the state does not offer a roadmap for debt repayment. Moreover, the liberalization of the electricity market is not progressing quickly enough, and price restrictions complicate business conditions in the energy sector.

According to Oleksiy Kucherenko, a people's deputy, to stabilize the situation with debts in the energy market, it is necessary to develop a roadmap that will allow addressing systemic technical and financial problems. Such a solution could serve as the basis for a comprehensive compromise among all market participants.