OdesaGas mandates Broad Street Capital Group to arrange $30 mil USDFC financing for the Greenhouse Gas reduction project.

(New York City, November 22, 2021) Broad Street Capital Group announced today that it has been exclusively mandated by the OdesaGas Postachannya (OdesaGas) of Ukraine to arrange $30 million in long-term debt financing from the US DFC (DFC) – a Development Finance Agency of the US Government. Financing is earmarked for a marquee GreenHouse Gas (GHG) reduction project, where OdesaGas will be replacing old inefficient gas boilers and ancillary equipment at over 30,000 residential households in the city of Odesa and the surrounding region. As part of the project, OdesaGas will also provide innovative gas contracts to consumers to help them manage and soften the impact from the wild swings of the gas market prices.

Broad Street Capital Group will work with the OdesaGas team to help select technical advisers, US engineering company, develop a business plan and assemble a complete documentation package needed for consideration by the DFC for financing.

“We have selected the Broad Street Capital Group as our Adviser, due to its unparalleled expertise, its twenty year experience working with DFC and other Trade and Development agencies of the US Government, as well as its twenty five years of experience working in the Ukrainian markets.” said Oleksandr Bemm, Director of OdesaGas. “We look forward to working with the Broad Street Capital team and US DFC on this cutting-edge ESG project, which will result in significant reduction of greenhouse gas emissions. This project will not only have significant developmental effects, but will also help consumers in our market to significantly reduce the amounts they currently spend on heating and increase their quality of life. OdesaGas looks forward to submitting the completed application for financing in the next 30 days and plans to begin implementing the Greenhouse Gas reduction project in the Summer of 2022″said Bemm .

About OdesaGasOdesaGas Postachannya (OdesaGas) has been a reliable supplier of gas services to individual consumers since 2001. The company employs over 200 people who make sure that the critically vital heat and hot water services are provided to the residents on the timely basis.

About Broad Street Capital GroupBased in the heart of New York City’s Financial District, Broad Street Capital Group is a boutique international private merchant bank, which since 1988 has served several foreign governments, multiple state-owned companies, as well as numerous SMEs. The Group focuses on developing project financing solutions, which involve US Government’s trade and development agencies, providing a full suite of political risk and business risk mitigation products, as well as export management services and comprehensive US market entry advisory.

for additional inquiries please email tz@broadstreetcap.com

About Alexander Gordin
An international merchant banking professional with over twenty years of business operating and advisory experience in the areas of export finance, international project finance, risk mitigation and cross-border business development. Clients include foreign governments, municipalities and state enterprises as well as Fortune 500 and small/medium enterprises. Strong entrepreneurial instincts, combined with leadership and strategic skills. Transactional and negotiations experience in over thirty five countries. Author of the highly acclaimed "Fluent in Foreign Business" book and creator of the "Fluent in OPIC", "Fluent in EXIM","Fluent In Foreign Franchising", "Fluent in FCPA",and "Fluent in USTDA" seminar/webinar series. Currently developing "Fluent In ......" seminars and publications. Co-author of the Fi3 Country Business Appeal Indices. Extensive international business development and project finance transaction experience in healthcare, aerospace, ICT, conventional and alternative energy infrastructure, distribution and hospitality industries. Experience managing international public and private corporations. Co-Founded three companies abroad. Strong Emerging and Frontier Market expertise. Published and featured in numerous publications including: The Wall Street Journal, Knowledge@Wharton, NBC.com, The Chicago Tribune, Industry Week, Industry Today, Business Finance, Wharton Magazine Blog, NY Enterprise Report, Success magazine, Kyiv Post and on a number of radio and television programs including: Voice of America, CNBC, CNNfn, and Bloomberg. Frequent speaker on strategy, cross-border finance and international business development. Executive MBA from the Wharton School at the University of Pennsylvania. B.S. in Management of Information Systems from the Polytechnic Institute of NYU. Specialties Strategic Management Advisory, Export Finance, International Project Finance & Risk Management, Cross-border Negotiations, Structured Finance transactions, Senior Government and Corporate officials liason

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