№ files_lp_3_process_9_57194
Official project financing report of the International Bank for Reconstruction and Development detailing additional loan support from the Clean Technology Fund for strengthening Ukraine’s power system resilience and integration with the European electricity grid.
Year: 2025
Date: April 21, 2025
Report No.: PPIAF000017
Document Type: Project Paper
Financing Instrument: Investment Project Financing (IPF)
Financing Source: Clean Technology Fund
Loan Amount: US$70 million
Implementing Agency: PJSC “Ukrhydroenergo”
Beneficiary Country: Ukraine
Region: Europe and Central Asia
Practice Area: Energy & Extractives
Fiscal Year: January 1 – December 31
Environmental and Social Risk Classification: Substantial
Approval Date (Original Project): 30-Jun-2021
Closing Date: 31-Dec-2026
Project Development Objective: Enhance flexibility of the Ukrainian power grid through storage investments and market expansion to support synchronization with the European electricity grid and decarbonization, and provide response to eligible emergencies
Responsible Institution: International Bank for Reconstruction and Development
Regional Vice President: Antonella Bassani
Practice Director: Charles Joseph Cormier
Division Director: Robert J. Saum
Practice Manager: Stephanie Gil
Task Team Leaders: Koji Nishida; Steven James Mortimer Clarke; Silvia Martinez Romero
Price: 8 / 10 USD
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