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EBRD mulls EUR 100-mln municipal energy management company loan
Journal Staff Report

KYIV, Nov 17 - The European Bank for Reconstruction and Development (EBRD) could establish Ukraine Public Sector Energy Efficiency Framework (PSEEF) for a total amount of EUR100 million to provide loans to municipal energy management companies under local guarantees.

According to a bank report, the board of directors plans to consider the corresponding project on December 13 this year.

It is expected that municipal companies will use the received funds to finance energy saving improvements in public buildings and street lighting infrastructure.




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