Ukrenergo | Oil & Gas Feed

Ukrenergo has signed a loan agreement with Germany's KfW worth 24 million euros and a grant agreement worth 0.5 million euros. 

EBRD is extending a 150 million-euro sovereign-backed loan to Ukrenergo aiming to support the continued functioning of the power transmission infrastructure and uninterrupted operations of Ukrainian electricity generators.

Ukrenergo announced last Tuesday that it has signed a memorandum of understanding with Ingrid Capacity on the implementation of energy storage technology projects in Ukraine.

Ukrenergo and PSE have completed the modernisation of a transmission line connecting both countries.

Ukrenergo is allocating part of the income from auctions of cross-border transmission capacity allocation to pay for the services of electricity producers who participate in the balancing market.