EBRD lends €80 million to support distributed energy generation in Ukraine

December 6, 2024

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The European Bank for Reconstruction and Development (EBRD) is lending €80 million to Ukrnafta, a Ukrainian state-owned oil and gas company, to finance supplying and installing a total of about 100 MW of small-scale gas-fired distributed power and co-generation capacities around the country. The project aims to boost the resilience of the power sector despite this year’s heavy Russian attacks.  

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