The European Bank for Reconstruction and Development (EBRD) is considering providing a loan of up to 34 million euros to the municipal utility “Rivneoblvodokanal” for the construction of new wastewater treatment facilities with a capacity of 60,000 cubic meters per day, the reconstruction of three sewage pumping stations, and the implementation of energy-efficient technologies.
According to the bank’s materials, the project is scheduled to be approved on July 22, 2026, and its total cost is estimated at 53.1 million euros.
The loan is to be disbursed in two tranches. It will be supplemented by an investment grant of up to 10 million euros from the Eastern European Partnership for Energy Efficiency and the Environment (E5P) Fund.
Repayment of the loan is fully guaranteed by the Rivne region, and 25% of the loan amount will be covered by a European Union (EU) guarantee under the Municipal, Infrastructure, and Industrial Resilience Program (MIIR) as part of the Investment Program for Ukraine (UIF).
The funds will also be used to install energy-efficient equipment and SCADA automated control systems at Rivneoblvokanal facilities.
The project aims to improve wastewater collection and treatment for approximately 240,000 residents of Rivne and surrounding areas, including internally displaced persons.
According to EBRD estimates, the new treatment facilities will treat 22 million cubic meters of wastewater per year in accordance with EU standards. The project is expected to reduce greenhouse gas emissions by 50% and net energy consumption by 45%.
The project is part of the EBRD’s “Resilience and Livelihoods” (RLF) program, which aims to restore and enhance the resilience of Ukraine’s critical infrastructure. It also includes training company staff to operate the new equipment and establishing a dedicated project implementation team.
As previously reported, in February 2026, the EBRD approved a 12 million euro loan for Rivne to finance the energy-efficient modernization of at least 24 social infrastructure facilities. The project, with a total cost of 19 million euros, also includes a 6 million euro grant from the E5P program and 1 million euros in co-financing from the city.