The Nordic Investment Bank (NIB) and NEFCO have today signed a loan agreement totalling EUR 30 million. The loan to NEFCO will be used for the newly agreed investment in higher education institutions in Ukraine.
The Board of Directors has approved three new projects that were also approved at the Eastern Europe Energy Efficiency and Environment Partnership (E5P) Assembly of Contributors in London in the beginning of December.
The Ministry of Finance of Ukraine and NEFCO have today signed a loan agreement for energy-efficiency investments in several higher education institutions in Ukraine. The total loan amount for the project is EUR 30 million.
The wastewater treatment plant in Petrozavodsk, the capital of Russian Karelia, was inaugurated today. The plant has been upgraded to reduce discharges to Lake Onega and the Baltic Sea and thus improve the quality of the drinking water in the region.
The Ministry for Foreign Affairs of Finland and NEFCO have today signed an agreement to set up a trust fund that will provide financial support to energy-efficiency and renewable energy projects in Ukraine. The total value of the new trust fund is EUR 6 million.
The framework agreement between NEFCO and the Government of the Republic of Armenia, signed in November last year, has entered into force following the ratification of the framework agreement by the parliament in Armenia.