Concorde Capital investment group plans to launch 18.4 MW of gas-piston power generation in early 2026, which is currently in the construction phase , founder and owner Igor Mazepa said.
“Our Encraft energy project 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 further sale of the business,” he wrote on his Facebook page after a meeting with CEO Club participants.
In addition, Mazepa said the group plans to introduce 40 MW/160 MW*h energy storage systems in different regions of Ukraine by the end of 2026.
“The context that everyone is well aware of: generation deficit, volatile prices and demand for flexible capacity. According to our estimates, these conditions will persist at least until 2029,” he noted.
Concorde Capital founder noted that the group is open to co-investment in the said project.
“Energy today is not an abstract ‘idea’, but a concrete investment logic backed by a team of strong specialists and real numbers,” he believes.
As reported with reference to Mazepa, Concorde Capital planned to invest EUR120 mln in energy projects by the end of 2025 and expected to be able to build an energy company worth over $1 bln in “a couple of years”. In early 2025, Mazepa, with the help of four unnamed partners, purchased a 50 MW energy storage system for EUR32 mln and planned to contract equipment for a gas-fired power plant for EUR30 mln to create a single energy complex.
