EBRD and EU Grant €75M to Ukrhydroenergo to Strengthen Ukrainian Hydropower
The European Bank for Reconstruction and Development is providing a €75 million loan to Ukraine’s state-owned hydropower operator. This transaction benefits from a European Union guarantee.
| Countries | Ukraine |
|---|---|
| Companies | EBRD |
| Sector | Énergie Marine & Hydraulique |
| Theme | Investissements & Transactions |
The European Bank for Reconstruction and Development (EBRD) is providing financing to Ukrhydroenergo (UHE), Ukraine’s state-owned hydropower company. This senior loan reaches up to €75 million, according to the financial institution. The package also includes up to €20 million in investment grants from international donors. The total project cost amounts to €120 million, including UHE’s own funds.
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