(MENAFN- UkrinForm) The European Investment Bank (EIB) and the Eastern EuropeEnergy Efficiency and EnvironmentalPartnership(E5P) have signed two agreementson allocating EUR 16.4 million for Ukraine's energy efficiency.
The signing of the agreements took place at the EU Office in Ukraine, an Ukrinform correspondent reports.
"Energy efficiency or "hidden fuel" for Ukraine is another step towards energy independence. The agreements that we signed today are grants worth EUR 16.4 million," E5PManager Anders Lund said.
EIB Vice President Vazil Hudáknotes that the first agreement worth EUR 10 million concerns the education field in Ukraine.
"This assistance will be used to upgrade educational institutions and to modernize facades, ventilation, heating and lighting. It is important to note that this assistance is provided in the form of a grant worth EUR 10 million," he said.
The second agreement concerns the heating system in the city of Kryvyi Rih [EUR 6.4 million].
ish
MENAFN0703201801930000ID1096558015
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.