KYIV, June 20 – The European Bank for Reconstruction and Development (EBRD) will organize a syndicated loan in favor of state-owned Ukreximbank (Kyiv) in the amount of EUR 80 million to support renewable energy and energy efficiency private investments in Ukraine.

The EBRD board approved the project on June 19, EBRD Senior Adviser on Foreign Affairs Anton Usov told Interfax-Ukraine.

According to a posting on the website, the loan will comprise an "A Loan" portion of up to ˆ 40 million for the EBRD's own account.