Our Business

The political support for new “clean” energy capacity is unwavering.

“Renewable energy is a dynamic investment field for both yield and value investors”

Industry and Market Background

Energy prices are increasing and over the next ten years or more, they are forecasted to increase further. Alternatives to fossil fuels will likely become even more attractive.

Renewable energy is a dynamic investment field for both yield and value investors and, despite its massive growth over the last decade in Europe and the US, it is still a continuously growing market sector, even more so in China and Japan. The volatility of the stock market, in combination with placement restrictions, is driving long-term money in search of other sources of business. Energy production is, to a great degree, not correlated to other asset classes.

The political support for new “clean” energy capacity is unwavering, and the regulatory situation has been stable in most markets and transparency is increasing. There is a substantial need, especially in Eastern Europe, for both energy production and the handling of household waste.

Our Products and Services

We are initially focusing on renewable energy incineration projects in Ukraine.

Based on ‘cutting-edge’ Swedish expertise and experience and, a well proven technology, Cindrigo is starting with two “Waste to Energy” (“WTE”) Combined Heat and Power (“CHP”) plants in Ukraine – each one incinerating 1,000 tons per day (“TPD”) of municipal solid waste (“MSW”).

Our WTE plants will produce electricity and district heating with emission standards well in line with EU requirements inclduing the ‘Waste Incineration Directive 2000/76 EC’. The electricity and heat will be sold to national and local grids at long-term agreed tariffs.

The revenue generation of the projects will begin after approximately 24 months. This is to allow for construction of the facilities and a full commissioning after 2-3 months. Cindrigo has already secured long-term power purchase terms with the Ukrainian government, which shall see all electricity and heat sold to the government and municipality at pre-agreed, inflation linked prices with a strong working relationship with the local municipalities. The electricity produced and sold is priced in European Union Euros, lowering the Company’s currency risk.

“Cindrigo has already secured long-term power purchase terms with the Ukrainian government”

We believe that we will benefit from:

Substantial market need in handling MSW

Substantial need for energy production

Strong local support from the Ukrainian government and local municipalities and

Substantial terms for the construction, timing, pricing and performance of the plants by our EPC contractors

Strong local support from the Ukrainian government