EBRD plans to invest 80 million euros into Ukrainian bioenergy

The European Bank for Reconstruction and Development, or EBRD, plans to finance an ambitious bioenergy program in Ukraine next year, EBRD officials said in Kyiv on Oct. 16.

Sergiy Maslichenko, Associate Director for Energy Efficiency and Climate Change for the EBRD in Ukraine, said the bank was preparing to finance 10 or 15 projects with a combined value of 70 to 80 million euros through 2019.

“Ukraine, as an agrarian country, has large production residues, but now they remain in the fields, and therefore we are working on such a project,” he said during an event at the tenth Sustainable Energy Forum in Kyiv.

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