Release date: 8 November 2024
Promoter – Financial Intermediary
ACCEPTABLE CORPORATE(S)Location
Description
The infrastructure fund will invest in energy and logistics infrastructure in Ukraine.
Objectives
The operation will support large scale renewable energy and other energy related technology investments in Ukraine contributing to the achievement of energy security, renewable energy and decarbonisation targets in Ukraine and globally. By supporting renewable energy construction projects, in particular onshore wind projects, the investment is well aligned with the objectives of the Ukraine Recovery and Reconstruction plan. The investments in logistics centres will contribute to increased food security, access to medicine as well as greenhouse gas reductions in case of multi-modal terminals.
Sector(s)
- Energy - Electricity, gas, steam and air conditioning supply
- Transport - Transportation and storage
- Services - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 20 million
Total cost (Approximate amount)
EUR 150 million
Environmental aspects
This operation aims at generating environmental benefits by supporting construction of renewable energy projects that help mitigate climate change. The project is in line with the EIB's priority lending objectives for renewable energy and supports Climate Action and Environmental Sustainability objectives (60% as per share of renewable energy investments foreseen).
Procurement
EIB will require the Promoter to ensure that implementation of the construction projects will be done in accordance with the EIB's Guide to Procurement.
Status
Under appraisal - 18/09/2024
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).