The Concorde Capital investment group plans to launch 18.4 MW of gas piston generation in early 2026, which is currently under construction, according to founder and owner Igor Mazepa.
“Our energy project, Encraft, is a network of distributed generation facilities and energy storage systems. We act as an investor, structure financing, attract partners, and are responsible for the subsequent sale of the business,” he wrote on his Facebook page after meeting with members of the CEO Club.
In addition, according to Mazepa, by the end of 2026, the group plans to introduce 40 MW/160 MWh* of energy storage systems in various regions of Ukraine.
“The context is well understood by everyone: generation shortages, volatile prices, and demand for flexible capacity. According to our estimates, these conditions will remain in place until at least 2029,” he said.
The founder of Concorde Capital emphasized that the group is open to co-investing in the project.
“Energy today is not an abstract ‘idea’ but a concrete investment logic backed by a team of strong professionals and real numbers,” he believes.
As reported with reference to Mazepa, Concorde Capital planned to invest EUR120 million in energy projects by the end of 2025 and expected to be able to build an energy company worth more than $1 billion in “a couple of years.”
In early 2025, Mazepa, with the help of four unnamed partners, acquired a 50 MW energy storage system for EUR 32 million and planned to contract equipment for a gas power plant worth EUR 30 million to create a single energy complex.