EBRD EUR149 million loan to support upgrade of Ukraine’s transmission network

30.07.2019 12:08 "Agro Perspectiva" (Kyiv) — Loan to support Ukrenergo’s ongoing modernisation

· EBRD loan of up to EUR149 million to National Energy Company Ukrenergo

· 26 new transformers to be acquired, 12 high-voltage substations upgraded

· Support for synchronisation of Ukrainian and European electricity networks

Ukraine’s energy network will receive a major boost following an investment of up to EUR149 million by the EBRD into the country’s power transmission system.

The investment will help Ukrenergo upgrade its key transmission infrastructure required for the synchronisation with the European electricity networks. It will also assist Ukraine in aligning its legal framework and operational practices with the EU 3rd Energy Package.

Ukrenergo will use the 15-year sovereign-guaranteed loan to acquire up to 26 new transformers and carry out the automation and upgrade of 12 high-voltage substations in key locations of the Ukrainian transmission network. The loan will also contribute to the annual reduction of CO2 emissions by 20,500 tonnes.

The investment will strengthen Ukrenergo’s capacity to accommodate the growing share of renewables in the Ukrainian grid, with an increasing share of wind and solar power. A flexible, smart grid will be key to the sustainable electricity sector of the future.

The EBRD financing is also promoting the commercialisation and institutional development of Ukrenergo through the implementation of a comprehensive Corporate Governance Action Plan and robust procurement standards.

The EBRD is the largest international financial investor in Ukraine. Since the start of its operations in the country in 1993, the Bank has made a cumulative commitment of almost EUR13.6 billion through 432 projects in the country.

13.03.2025
	03:35	The FAO Food Price Index rose in February 2025, driven by higher sugar, dairy and vegetable oil prices
12.03.2025
	06:47	European Union Soybean Meal Imports to Reach 9-Year High
11.03.2025
	20:14	EU Wheat Exports Fall to Lowest Level in 6 Years
07.03.2025
	16:14	EBRD extends new guarantee to OTP Leasing Ukraine to unlock EUR160 million of new finance
27.02.2025
	08:34	EBRD revises down Ukraine’s 2025 growth forecast
26.02.2025
	10:01	Pistachios. Global production for 2024/25 is forecast to rise 7 percent to 1.2 million metric tons
	09:47	An ambitious vision for agriculture that seeks to reconnect with on-the-ground realities cannot ignore the debate on the CAP budget
19.02.2025
	10:43	“Bold investments” needed to address challenging nutritional burden in Africa, FAO says
	07:13	Green Climate Fund greenlights two major FAO-led projects to strengthen climate resilience in Kenya and Serbia
12.02.2025
	10:01	China Corn Imports Fall on Weaker Domestic Demand
	09:06	China’s Imported Oilseed Meal Supplies Shift Slightly to Mid-Protein Meals
08.02.2025
	18:20	Cereal stocks set to decline in 2024/25 due to anticipated reductions in wheat and maize inventories
	18:00	FAO Food Price index declined in January 2025, mostly due to lower sugar, vegetable oil and meat prices
06.02.2025
	16:28	Ukraine considers SCZone site for food hub in Egypt – ministry
	16:16	Since the beginning of 2025, 549 agricultural enterprises have received UAH 2.3 billion under the Affordable Loans at 5-7-9 programme published
03.02.2025
	23:55	Ukraine's Ministry of Agrarian policy allocates sugar export quotas to EU
31.01.2025
	17:20	Global orange production for 2024/25 is forecast down 662,000 tons to 45.2 MT
	17:15	Argentina Lemon/Lime Exports Continue to Decline
24.01.2025
	16:38	Ukraine’s agricultural sector earned $24.5 bln in 2024, setting second historical record
23.01.2025
	15:46	Eurobarometer survey shows strong support for the Common Agricultural Policy (CAP)
22.01.2025
	20:54	Since the beginning of 2025, 117 agricultural enterprises have received UAH 318.7 million under the Affordable Loans at 5-7-9 programme
	20:43	Ukrainian agricultural land needs to be cleared and returned to circulation as soon as possible
21.01.2025
	21:45	A groundbreaking new study, “Governance and resilience as entry points for transforming food systems in the countdown to 2030”. Key Findings
	21:37	Nitrogen use efficiency must be improved to reduce harm to human and environmental health
11.01.2025
	11:16	Russia Grain Export Quota to Curb Wheat Exports in 2025
	09:12	Iraq Emerges as a Soybean Importer
08.01.2025
	22:13	FAO Food Price Index dips during the month of December
	18:49	FAO calls for urgent action to address widening famine in Sudan
22.12.2024
	05:26	FAO transfers 185 generators, 6,474 grain hoses to Ukrainian farmers in 2024
	03:53	The EU agri-food trade surplus increased by 15% in September 2024, reaching EUR 6 billion
19.12.2024
	09:05	World coffee production for 2024/25 is forecast 6.9 million bags higher
18.12.2024
	23:11	China’s Expanding Coffee Consumption
17.12.2024
	22:37	Bangladesh Soybean Import Recovery Expected to Continue
14.12.2024
	21:03	World apple production for 2024/25 is forecast to fall nearly 350,000 tons to 84.0 million
13.12.2024
	09:11	U.S. Fresh Pear Exports Fall on Historically Low Harvest
10.12.2024
	21:03	Indonesia Grain Imports to Subside after 2023/24 Record
	08:14	Higher vegetable oil quotations drive up FAO Food Price Index, but lower cereal and sugar prices temper the rise
	07:45	Cereal trade revised downwards amid weaker demand
02.12.2024
	23:17	Prime Minister: Some 50 partner countries have joined the humanitarian demining coalition
	22:56	Norway pledges additional $4.5 mln to Ukraine's Grain from Ukraine initiative
01.12.2024
	03:30	EU agri-food trade slowed down in August 2024
26.11.2024
	00:06	Global sugar production, compared to last year, is estimated up 2.8 million tons to 186.6 million
24.11.2024
	04:43	During the Operation of Our Grain From Ukraine Program, We Have Managed to Save 20 Million People from Hunger – Zelenskyy
	04:15	Ukraine Is Ready to Share Technologies, Military Experiences and Processing Methods with African Countries – the President
22.11.2024
	10:15	South Africa Sugar Production and Exports Estimated Down
19.11.2024
	23:04	Global Olive Oil Production Forecast to Rebound in 2024/25
	22:47	Vitalii Koval discusses Ukraine's European integration with European colleagues
	16:06	EBRD, European Union and United States help Kyiv prepare for winter
18.11.2024
	09:21	Agriculture Development Strategy 2030 – a roadmap to the EU
	09:19	Ukrainian farmers have sown 96% of projected winter crop area