Euro Development Bank Lends $100M For Ukraine Energy

Law360, New York (February 3, 2014, 6:27 PM EST) -- The European Bank for Reconstruction and Development has launched a $100 million financing program aimed at developing sustainable energy sources and promoting energy efficiency in Ukraine, the bank announced Monday.

The EBRD’s new financing program, called the Ukraine Sustainable Energy Financing Framework, was approved by the bank’s board of directors at the end of 2013, the bank said. The goal of the program is to inject new skills into the energy sector in Ukraine, backed by project financing via the domestic banking network, the EBRD said....
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