"Ukrenergo" announced a technical default: temporary suspension of payments on "green" bonds for $825 million

The state-owned company Ukrenergo, the operator of the Ukrainian energy system, announced a technical default on its "green" bonds, nominated for the amount of $825 million. This decision was the result of the difficult economic situation in the country caused by the war and numerous difficulties in financing the public sector, including energy enterprises.

Thus, the government of Ukraine did not draw conclusions from the experience of the EU, when solar and wind farms, like a vacuum cleaner, suck money from budgets, and tariffs and prices grow like yeast.

In three years, Ukraine has again accumulated debts amounting to almost $1 billion or UAH 40 billion. And this is with a 30% reduction in the capacities of SPPs and WPPs that remained on the territories captured by Russia.

The technical decision on the default of "Ukrenergo" will be valid until the debt restructuring is completed. The government together with Ukrenergo will try to negotiate with creditors. Moreover, there is a possibility that as a result, highly paid managers and bureaucrats will not come up with anything better than to take a loan again to repay the old loan.

spot_imgspot_imgspot_imgspot_img

popular

Share this post:

More like this
HERE

Super products to fight stress: what should be included in the diet

In the modern world, stress has become a daily routine for many people ....

Oat decoction and other liver detoxification agents

The liver performs an important function in the body - it corresponds ...

Schemes with additional transactions: As the price of electricity for government agencies changed

New investigations have attracted attention to the shadow mechanisms in the market ...

The Ukrainian artist shared his memories of joint work with Irina Bilyk

The founder of the Tik band and the current director of the Vinnytsia Regional Philharmonic ...

The Ukrainian businessman with criminal record conducts cases with a Russian citizen in Moldova

Volodymyr Filippov, owner of Iron Motors and Southern Way, ...

Night Waking: Why don't you should get out of bed without urgent need

Many are familiar with the situation when you suddenly wake up in the middle of the night —...

The hotel complex in the Lviv region remained under arrest because of criminal proceedings

The court left without satisfaction the petition of the defense party to cancel ...

The Council has a draft law on transferring special services employees to the Armed Forces

The Verkhovna Rada Committee on National Security, Defense and ...