The EBRD is lending €10 million to a district heating company in the western Ukrainian city of Ternopil as part of its efforts to modernise the sector and unlock the country’s enormous energy efficiency potential.
The loan to the municipal district heating operator in Ternopil will support the utility’s investment programme, which aims to improve energy efficiency, reduce gas and electricity consumption and raise the quality of the heating and hot water services it provides to the population of the city.
