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Ukrhydroenergo awards $23.4mn contract to London-based businessman for defending key power plant

Dec 05, 2024over 1 year ago

Contract Type

contract

UkraineEnergyRenewable EnergyBiomass Energy

Description

A London-based businessman was awarded a $23.4mn contract by Ukrhydroenergo, the largest hydropower company in Ukraine, to help defend a key power plant from Russian attacks. This businessman has been implicated in a money-laundering network used by Russian spies and recently sanctioned by the US Treasury for his role in money laundering.

Company Information

Company

Ukrhydroenergo

Location

Ukraine

About

Ukrhydroenergo is the largest hydropower company in Ukraine, responsible for generating and supplying hydroelectric power to the country.

Predictive Intelligence
Strategic

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Agreement Insights

Based on industry data
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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