US$220 million credit line facility (UKEEP I, UKEEP II, USEFF) from the EBRD to participating financial institutions in Ukraine for on-lending to small and medium sized businesses and corporates investing in energy efficiency and renewable energy projects, such as stand-alone small scale renewable energy projects, commercial energy efficiency investments, building sector energy efficiency and/or renewable energy investments.
Overall, the facility’s investments in projects have contributed to saving more than 2,070 GWh of energy and more than 644,080 tonnes of CO2 emissions per year.
Loans were provided by 5partner financial institutions: Bank Forum, Kreditprombank, Megabank, Raiffeisen Aval, Ukreximbank.
Advisory services from experts were made available to borrowers and partner financial institutions and included energy assessments, training and marketing support. The advisory aims to support borrowers in selecting the best solutions and implementing their projects.