The European Bank for Reconstruction and Development (EBRD) has organized a financing of EUR 25.9 million for Kness Group to build three solar power plants with a total installed capacity of 33.9 MW in Vinnytsia region, the press service of the bank has reported. The EBRD will provide EUR 18.5 million and Clean Technology Fund (CTF) will provide EUR 7.4 million. The technical assistance was provided under the EU4Business program.
Kness Group is a large Engineering, procurement and construction (EPC) contractor. It has Podilsky Energoconsulting engineering company. The group sells inverter equipment, generation monitoring systems and pillars for solar panels manufactured in Ukraine.
