Ukraine will receive investment
Austrian Development Bank will allocate $100 million for energy efficiency projects in Ukraine, representative of the Frankfurt School of Finance and Management Ivan Koriakin announced, the press service of the State Agency on Energy Efficiency and Energy Saving of Ukraine reports.
«It is expected that the investment portfolio for energy efficiency projects will amount to $100 million. Funding will be held on generally accepted commercial interest over 5 years. For small and medium businesses this is an attractive segment», he said.
Ivan Koriakin noted that the Ukrainian banks to be engaged in financing are expected to set up «Centre of Expertise», as well as to employ energy auditors.
