NEFCO signs framework agreement with Armenia

NEFCO and the Armenian Government have today signed a framework agreement that acknowledges NEFCO’s status as an international financial institution in Armenia. This will pave the way for new projects with environmental benefits in the country.

Loan for wind energy project in Ukraine

NEFCO and the Ukrainian company LLC Karpatenwind have signed a loan agreement aimed at establishing a wind farm close to the city of Staryi Sambir in the Lviv region in western Ukraine. The agreement was signed at Lviv International Economic Forum that was inaugurated by the Ukrainian President Petro Poroshenko today.

New feasibility studies approved

Nopef has approved financing for 9 new projects, which means that 52 projects with a total value of approx. EUR 1.65 million have so far been granted funding this year. The funded companies are expected to raise total investments of EUR 67.7 million once they establish a local presence in the project countries.