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GISMETEO.RU
UJ Week
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Business    

Ukrenergo secures EUR 300-mln loan from EBRD to restore power grid
Journal Staff Report

KYIV, Dec 2 – Ukrenergo has attracted EUR 300 million in loans from the European Bank for Reconstruction and Development (EBRD), as well as EUR 72 million in grant funds from the Netherlands to restore networks and improve the financial stability of the company.

Its press service recalled that EUR 150 million from the EBRD and EUR7 2 million of the grant will be used to purchase equipment that is urgently needed for substations that suffered massive Russian missile attacks.




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