EBRD to provide financing for the second phase of 72 MW solar project in Ukraine

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The European Bank for Reconstruction and Development has supported the 72 MW solar project in Ukraine with a loan worth EUR 7 million (US$7.9 million).

The financing is intended for the 36 MW second phase of the solar farm. The facility is located near the town of Ternovytsa in the L'viv region in North West Ukraine.

The project is developed under the EBRD Ukraine Sustainable Energy Lending Facility III (USELF III), a 250 million framework to support renewable energy in Ukraine.

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