EBRD helps finance three solar plants in Ukraine

The EBRD has agreed financing of up to €25.9 million to Ukranian engineering, procurement and construction firm KNEES to support the development, construction and operation of three solar plants in the Vinnitsa region. The financing includes a senior EBRD ten-year loan of up to €18.5 million and a ten-year loan from the Clean Technology Fund of up to €7.4 million.