E5P Fund will allocate EUR 60 mln for energy efficiency projects in Ukraine, UBR reports.
The Eastern Europe Energy Efficiency and Environmental Partnership Fund ("E5P") will allocate EUR 60 mln for realization of projects on energy efficiency in Ukraine, Interfax-Ukraine reports.
“E5P Board of Directors has approved the allocation of 60 mln euros”, - said E5P Fund Manager Andres Lund during the briefing on Wednesday in Kyiv.
He also added that 15 million euros from this amount will be aimed at realization of IQ Energy, the program for supporting energy modernization of residential housing.
A. Lund noted that preliminarily this program is envisaged until 2019, however it can be extended.
The European Bank of Reconstruction and Development (EBRD) intends to allocate 75 mln euros to Ukraine for IQ Energy residential housing energy efficiency program.
