Business news from Ukraine

ODESA ENERGY AGENCY TO RAISE EUR400,000 FROM NEFCO FOR ENERGY MODERNIZATION OF CITY OBJECTS – GIZ

11 November , 2015  

KYIV. Nov 11 (Interfax-Ukraine) – Odesa Municipal Energy Agency intends to attract credit funds in the amount of approximately EUR400,000 from the NEFCO (The Nordic Environment Finance Corporation) for energy efficiency and energy saving measures.

Such data were promulgated by director of the project “The establishment of energy agencies in Ukraine” Robert Kuenne during the eleventh international congress “Institutional and technical aspects of reforming housing and utilities services 2015” in Kyiv.

“All these measures will be set out in the business plan, which will be available online. The total amount of funds required for the implementation of the business plan is about EUR400,000,” he told reporters.

According to the expert, Odesa energy agency plans to use the funds for the energy modernization of two kindergartens and increase energy efficiency in several budgetary institutions, as well as the modernization of street lighting.