Ukrainian agribusiness group Kernel has secured a €100 million loan from Denmark’s Export and Investment Fund (EIFO) to build its first wind farm, expanding into power generation as wartime attacks increase pressure on Ukraine’s electricity system.
The 94.5-megawatt project in central Ukraine will comprise 21 turbines supplied and installed by Danish manufacturer Vestas, alongside a 30-megawatt battery storage system, EIFO said in a press release on Aug. 25.
Ukraine needs stronger capacity to prepare and implement projects to accelerate the deployment of reconstruction financing, said a senior European Investment Bank official. “Public sector capabilities still need to grow,” Matteo Rivellini, head of the EIB’s Ukraine Investment Team, told Ukraine Rebuild Newswire. “We have, let's say,
The European Investment Bank (EIB) is financing a €21.4 million upgrade of Dnipro's electric public transport fleet, with five locally manufactured trams now in service and further tram and trolleybus deliveries planned through 2027. The five low-floor trams were manufactured by Ukrainian producer Tatra-Yug at
