You're reading: The Financial: EBRD finances 36 MW solar plant near Lviv

The EBRD is supporting a new 36 MW solar plant in western Ukraine as part of its commitment to making the energy mix in its countries of operations greener. The investment is made together with the Clean Technology Fund, the Bank’s partner in advancing green energy.

Under the agreement signed today in Lviv by the EBRD Director for Ukraine, Sevki Acuner, in the presence of Ukraine’s Prime Minister Volodymyr Groysman and the Mayor of Lviv, Andrii Sadovyi, the EBRD will provide a 10-year loan of €17.3 million while the CTF will extend an 11-year loan of €6.9 million to Energopark Yavoriv LLC, a special company set up for the construction of the plant and majority-owned by the entrepreneur Zinoviy Kozytskiy, according to the EBRD.

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