EBRD Supports Sustainable Agribusiness in Ukraine
A senior long-term loan of up to €15 million ($17 million) will be provided to I&U Group to finance the development, construction and operation of a 6 MW biogas plant located in the Kirovograd region of central Ukraine.
The financing package will consist of a €13 million ($14.8 million) loan from the EBRD and a €2 million ($2.28 million) concessional loan from the Clean Technology Fund designed to support renewable energy and technology aimed at reducing carbon intensity. This will be the first project supported under the Ukraine Agribusiness Waste Residues Window, funded by the CTF. For further reading click here…