The European Bank for Reconstruction and Development (EBRD) has provided financing for the first time since the start of the full-scale war to the agricultural holding "Kernel" for the development of renewable energy. The company will receive a loan of $45 million for the implementation of a project to build a solar power plant in southern Ukraine. This is reported by AgroReview. Details of the agreement and participation of international creditors The agreement was signed within the framework of the Ukraine-EU business summit, which took place in Brussels. The total cost of the project is about $86 million. In addition to the EBRD, "Kernel" is negotiating with other international financial institutions to attract additional lending. The rest of the necessary investments are planned to be provided by the agricultural holding from its own funds. Partial coverage of the risk of first losses is guaranteed by the European Union within the Investment Program for Ukraine (UIF), which ...