EBRD approves EUR 50 mln for Kyiv to support Kyivteploenergo

INTELLIGENCE SUMMARY

The European Bank for Reconstruction and Development (EBRD) has approved the provision of a loan of up to EUR 50 million to Kyiv to support the liquidity of the municipal utility Kyivteploenergo and ensure the uninterrupted provision of critical municipal services under wartime conditions, according to the bank’s website.