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EIB to lend Ukrhydroenergo a further €100 million to rebuild capacity at war-damaged hydropower plants

Ukrhydroenergo General Director Ihor Syrota shakes hands with EIB Vice-President Teresa Czerwińska.

The European Investment Bank plans to lend Ukrhydroenergo, Ukraine's state-run hydropower generating, a further €100 million to replace equipment at three power plants, the company said.

The loan, which still needs final approval from the EIB, will replace the hydraulic systems at the Kaniv, Kremenchuk and Dnipro hydropower plants after the ongoing war sapped the company's generating capacity.

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