Ukraine, EIB Review EUR 275 Mln Investment to Boost Ukrenergo Substation Resilience
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7 Articles
Ukraine, EIB review EUR 275 mln investment to boost Ukrenergo substation resilience
Ukraine's First Deputy Prime Minister, Minister of Energy Denys Shmyhal and European Investment Bank (EIB) Group Vice President Karl Nehammer discussed strengthening the resilience of Ukraine's energy system and attracting new investment during a meeting in Kyiv.
Ukraine has discussed with the European Investment Bank (EIB) the attraction of financing for a new investment project of NEC “Ukrenergo” in the amount of up to 275 million euros, aimed at strengthening the sustainability of substations.
Today, Ukraine signed a financial agreement with the European Investment Bank for 60 million euros under the project “Infrastructure of the Western Border of Ukraine”. The money will go to modernize checkpoints with EU member states and Moldova.
EIB Group Provides €60 Million EU-Backed Loan to Upgrade Ukraine’s Western Border Crossings
First financing under the EU-Ukraine Security and Connectivity Initiative will modernise border facilities and transport links with the EU and Moldova. IN BRIEFKEY TAKEAWAYSFAQs The European Investment Bank Group is providing €60 million to Ukraine for improvements to western road … Read the full press release →
Ukraine on the way to a modern border! 🇺🇦💪 Today, an agreement was signed with the European Investment Bank for 60 million euros to modernize checkpoints with the EU and Moldova. This will reduce waiting times and improve conditions for businesses and citizens. ⏳✨
Ukraine to Receive 60m EIB Funding to Modernise Border Crossing Points
Ukraine has signed a €60m European Investment Bank agreement to upgrade western border crossing points, including access roads, terminals, waiting areas, shelters, and customs control equipment and software.
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