The new Nordic-Russian programme for implementing environment and climate projects in North-West Russia has launched its first call for proposals.
NEFCO and the Belarusky Narodny Bank (BNB-bank) have today signed a loan agreement for the development of an electric vehicles facility. NEFCO will provide up to EUR 2.5 million to BNB-bank under the joint financing facility for a period of up to 5 years.
The Finnish John Nurminen Foundation will join forces with NEFCO to co-finance a biogas plant in Lviv, Ukraine. NEFCO has backed up the project since July 2016 when the corporation signed a loan agreement with the local waterworks Lviv Vodokanal for the construction of a biogas unit for sludge digestion.
NEFCO and the Danish company Rus Agro Team A/S have signed a loan agreement aimed at introducing a range of investments that will result in environmental benefits at the company’s farm in the Kaliningrad Region in Russia.
NEFCO has signed loan agreements with ten Ukrainian municipalities in order to promote investments in energy-efficiency measures in the cities of Chernihiv, Fastiv, Irpin, Khmelnytsky, Kremenchuk, Kuznetsovsk, Lubny, Lutsk, Odessa and Rivne.
Nopef has approved financing for 24 new projects, which means that the number of approved feasibility studies exceeds the number of financed studies compared with the last few years. The funded companies are expected to raise total investments of EUR 86.5 million once they establish a local presence in the project countries.