Project Detail |
Financing district heating and energy efficiency investments through eligible financial intermediaries in Ukraine and in particular through Ukreximbank.
Objectives
The Ukraine District Hearting Ukreximbank aims at financing projects carried out by local authorities, to allow fast restoration and protection of the heat generation capacity destroyed or out of order for ensuring the supply of critical services for next winters and improving the energy security of Ukraine. The loan will allow the deployment of: a. small-scale gas-fired combined heat and power plants, solar photovoltaics (PV), complemented by batteries and other storage technologies which are crucial to increase the resilience of Ukraine energy supply; b. decentralised heat generation; c. components that will bolster the physical and cyber security of the infrastructure; d. heat pumps, heat storage systems and related networks as well as renewable heat generation; e. energy efficiency in public buildings, which would also be eligible under the facility. The eligibility for financing aligns with the Ukraine Energy Rescue Plan, an emergency measure designed to address Ukraines critical energy needs and support the resilience and recovery of its energy infrastructure.
Sector(s)
Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
not applicable |