GDANSK, June 23 (Reuters) - The European Bank for Reconstruction and Development plans to sign new investments worth more than €500 million ($571 million) in Ukraine's critical sectors at a conference for the country's recovery this week, EBRD Banking Vice President Matteo Patrone said. EBRD expects to sign a loan for a 189 MW wind power plant, developed by one of Ukraine's largest filling stations Galnaftogaz, at a two-day conference in the Polish costal city of Gdansk. Another a loan for a 120 MW wind power plant operated by the German renewable energy company Notus Energy is expected to be signed. The bank plans to sign deals worth about €270 million of EBRD finance with seven Ukrainian banks. EBRD to sign more than €500 million in Ukraine projects this week Last winter, Russian attacks damaged more than half of Ukraine's power generation capacity.
Create an account or sign in to comment