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€22.3M Loan Boosts Ukraine's Energy Resilience Amid War

11/15/2025

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Story summary
  • The European Bank for Reconstruction and Development announced a €22.3 million loan to Power One, the Ukrainian energy company, for decentralized energy generation in western Ukraine.
  • The project will build gas-piston power plants totaling 36.8 MW and battery storage totaling 31.5 MW in western Ukraine to boost resilience.
  • The investment aims to improve energy security and grid stability amid disruptions from the ongoing war.