The EBRD plans to nearly triple its funding for private company renewable energy projects in Ukraine

The EBRD plans to nearly triple its funding for private company renewable energy projects in Ukraine, to EUR 250 million, according to a statement posted Wednesday by the European Bank for Reconstruction and Development. “The facility will be available for small, medium, and large private renewable energy developers across all technologies — solar, wind, biomass, biogas and small hydro,” reads the statement. This new fund replaces a similar facility that will expire June 30. Over the last decade, that EUR 100 million fund financed about 150 MW of renewable projects in Ukraine.