| Project Detail |
Location:
Ukraine
Project number:
54932
Business sector:
Municipal and environmental infrastructure
Notice type:
State
Environmental category:
B
Approval date:
15 Oct 2024
Status:
Approved
English-language PSD published:
17 Oct 2024
A senior loan of up to EUR 10.0 million (the "Loan"), to be co-financed by: (i) an up to EUR 3.3 million investment grant from the EBRD SSF, (ii) an up to EUR 2.7 million (equivalent of USD 3 million) investment grant from the CTF GESP, and (iii) a local contribution from the City of Zhytomyr in the amount of EUR 1.0 million.
Project Objectives
The Loan and the grant co-financing from the SSF and CTF GESP will be used to finance the acquisition of new energy efficient low-floor trolleybuses with autonomous drive and the acquisition of electric buses with charging stations, along with essential maintenance and diagnostic equipment.
The Banks investment will enable the Company to expand its route network by adding 4 new trolleybus routes and 2 new electric bus routes, improving the quality of transport services for the population and ensuring a sustainable public transport connection between different areas of the City. Both the autonomous trolleybuses and electric buses will be the first of their kind in the City. |
