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                        FRIDAY, NOVEMBER 29, 2024
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World Bank’s IFC mulls EUR55-mln loan to Galnaftogaz for solar project
Journal Staff Report

KYIV, Nov 25 – The International Finance Corporation (IFC) from the World Bank Group plans on December 10, 2024 to consider providing Galnaftogaz Concern with a EUR55 million loan to finance the construction of a 147 MW wind power plant in Volyn region and technical support.

According to information on the IFC website, the total cost of the project is estimated at EUR235 million. The 16-year loan will be provided to Wind Power GSI Volyn LLC and Wind Power GSI Volyn 3 LLC.




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