News

New loan facility for electric vehicles in Belarus

NEFCO and the Belarusky Narodny Bank (BNB-bank) have today signed a loan agreement for the development of an electric vehicles facility. NEFCO will provide up to EUR 2.5 million to BNB-bank under the joint financing facility for a period of up to 5 years.

John Nurminen Foundation joins forces with NEFCO in Ukraine

The Finnish John Nurminen Foundation will join forces with NEFCO to co-finance a biogas plant in Lviv, Ukraine. NEFCO has backed up the project since July 2016 when the corporation signed a loan agreement with the local waterworks Lviv Vodokanal for the construction of a biogas unit for sludge digestion.

Upswing in Ukrainian energy-efficiency investments

NEFCO has signed loan agreements with ten Ukrainian municipalities in order to promote investments in energy-efficiency measures in the cities of Chernihiv, Fastiv, Irpin, Khmelnytsky, Kremenchuk, Kuznetsovsk, Lubny, Lutsk, Odessa and Rivne.

Financing granted for a large number of feasibility studies

Nopef has approved financing for 24 new projects, which means that the number of approved feasibility studies exceeds the number of financed studies compared with the last few years. The funded companies are expected to raise total investments of EUR 86.5 million once they establish a local presence in the project countries.