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Published on September 19, 2018
SigmaBleyzer investment company has announced the creation of a new International Fund for Ukrainian Energy LP (IFUEL) for $250 million, which will focus on investments in the energy sector of Ukraine. “We will consider everything, including alternative energy. But, of course, we are interested in oil and gas, energy saving,” SigmaBleyzer President Michael Bleyzer told Interfax-Ukraine on the sidelines of the 15th YES forum organized by the Victor Pinchuk Foundation in Kyiv. According to the company, during the first closure, which took place in September 2018, more than $100 million has already been approved.
“SigmaBleyzer cooperates with highly-capitalized and very experienced energy companies in Texas to create this fund,” the document says. Bleyzer added that for investment of funds both greenfield, and brownfield projects can be considered. According to him, significant potential is concentrated in energy saving projects, as the level of energy efficiency in Ukraine lags behind the best world indicators.
SigmaBleyzer is based in Houston (Texas). It has been operating private investments in Ukraine for more than 25 years. Since its creation, SigmaBleyzer has implemented more than 100 investments in a wide range of sectors, including power generation, cable television, food and beverage, agriculture, and retail.