Foreign banks are hesitant to finance green energy in Ukraine due to the debt crisis – investor.

Foreign banks are very passionately assessing and making decisions regarding financing green energy projects in Ukraine. The issues of war and the debt crisis are the main factors influencing this decision. The head of Elementum Energy, Olga Ryabchuk, stated this. She also noted that banks are primarily interested in the possibility of recovering their funds that they provide for the construction of green energy enterprises. Additionally, according to Ryabchuk, in the Ukrainian reality, banks see that it is impossible to recover debts from the State Enterprise 'Guaranteed Buyer' regarding the payment for produced green electricity through judicial means. She believes that in order to attract more investors, Ukraine must address investors' problems and create working market mechanisms to support their rights. Meanwhile, people's deputy Olexiy Kucherenko believes that to stabilize the debt situation in the market, a comprehensive compromise needs to be created that will regulate the technical and financial problems in the green energy sector. Thus, to attract foreign investors, it is necessary to improve the functioning of market mechanisms and ensure the protection of creditors' and investors' rights.