Bank Of Baku

EBRD to Lend 200 Million Euros to Ukraine’s Hydropower Operator

EBRD to Lend 200 Million Euros to Ukraine’s Hydropower Operator
# 29 September 2011 14:16 (UTC +04:00)
Baku - APA-Economics. he European Bank for Reconstruction and Development approved a 200 million-euro loan to Urgidroenergo, a Ukrainian state-run operator of hydro generating and pump storage facilities, the London-based lender said today in an e-mailed statement, APA reports quoting RIA Novosti.

The loan, which will mature in 15 years, will be used to upgrade 28 power units at six hydro generating plants, according to the statement.
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THE OPERATION IS BEING PERFORMED