New Danish-Ukrainian Alliance: Navitas Renewables A/S Builds Energy Infrastructure in Ukraine.

Headquartered in central Denmark, Navitas Renewables is an
enterprising pioneer in renewable energy in the European market.

The company is now strengthening its establishment in Ukraine
to play an important role in the reconstruction and the development
of the country’s energy infrastructure. In a time marked with uncertainty
the initiative is not only an investment but also an act of solidarity aimed
at supporting long-term sustainability and energy security in Ukraine.

Locally anchored with Ukrainian staff.

Navitas Renewables’ establishment in Ukraine is based on
local resources, which are being further developed through
recruitment and training. The foundation in the local
environment ensures a rapid build-up of infrastructure and
contributes to the strengthening of the local economy and
job creation. Navitas Renewables brings a combination of
local and international expertise, as well as a clear focus on
sustainable development with the goal of positively impacting
the future of the Ukrainian energy sector.

Maksym Artemenko, CBDO of Elementum Energy noted:
“We are excited about Navitas Renewables entering Ukrainian market.
With more than 250 MW of projects in development, we at
Elementum Energy have the skin in the game and realize that
building back better requires skilled and professional partners
for ambitious renewable projects”.

Competent specialists at the helm
The strong team of competent employees in Navitas Renewables Ukraine
will be led by Henrik Monefeldt, who has more than a decade of experience
in the Ukrainian wind energy market.

Henrik states: “The local cooperation around the new establishment
in Ukraine marks an important step forward for the country’s green sector.
Navitas Renewables is proud to combine is proud to combine Danish
innovation with local expertise and be a partner in a sustainable future for Ukraine”.

“We at DTEK Renewables highly appreciate and wholeheartedly
welcome Navitas Renewables Ukraine and personally
Mr. Henrik Monefeldt as regional director” – says Oleg Solovei,
Deputy CEO of DTEK Renewables.

“We have a great experience of partnership with Mr. Monefeldt and his team.
Our collaboration happened during the construction of a wind farm during the
hardest times for Ukrainian energy sector – amid the full-scale war in our country,
and this team showed themselves as top-quality professionals, reliable and
brave partners. Today, when Navitas Renewables is entering Ukrainian market,
we feel sure that with such a great support, Ukraine will manage to construct
more highly needed renewables facilities for the safer future of
Ukrainian energy market. And we hope to have more opportunities
for partnership with this professional team in the future”.

In just five years, Navitas Renewables A/S has established itself as an international player in renewable energy. The company has participated in many large wind installations, both in Denmark and internationally, just as the company also operates in the market for solar energy and maintenance of wind turbine blades. Their innovative management and strong commitment have made them a well-regarded partner in the energy sector.

“For Navitas Renewables A/S, it is important to establish
a presence in Ukraine. The initiative is part of our overall
strategy to ensure local support in challenged countries and build
strong partnerships with key clients”, says Kuno Jacobsen, CEO.

For further information, contact:
CEO Kuno Jacobsen, +45 52 11 19 39
Henrik Monefeldt, +352 050 977 0877

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