Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Ukraine to Get 400 Million Euros for HydroPower From EBRD, EIB

Aug. 12 (Bloomberg) -- The European Investment Bank and European Bank for Reconstruction and Development will lend Ukraine 400 million euros ($566 million) to upgrade hydropower stations, the Energy and Coal Industry Ministry said.

An accord will probably be signed in September, the Kiev-based ministry said late yesterday in an e-mailed statement.

Ukraine will use the funds to increase electricity production by 213 gigawatts an hour at its six hydropower stations from 2011 through 2016, according to the statement.

To contact the reporter on this story: Daryna Krasnolutska in Kiev at dkrasnolutsk@bloomberg.net;

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net;

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.