EU Development Bank Boosts Ukraine Energy Buy-In By $50M

Law360, New York (February 10, 2012, 2:22 PM EST) -- The European Bank of Reconstruction and Development will give a $50 million loan to the State Export-Import Bank of Ukraine to help it support local sustainable energy projects, the EBRD announced Thursday.

As part of the investment agreement, eligible small and medium-sized businesses in the Ukraine will be able to receive loans from Ukreximbank of up to $3 million to implement energy-efficiency projects, the EBRD said.

"The deal is an important part of our overall energy-efficiency strategy for Ukraine, which, arguably, remains one of the most...
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