EBRD finances new private peak energy generation and storage capacity in Ukraine
Ukraine, Nov. 14 -- The European Bank for Reconstruction and Development (EBRD) is supporting Ukraine's energy security by lending €22.3 million to private Ukrainian energy company Power One for the financing of new peaking generation capacity and battery energy storage systems (BESS).The loan will enable Power One to construct and operate advanced gas-piston power plants with total capacity of 36.8 megawatts (MW) and BESS with total capacity of 31.5 MW at multiple sites in western Ukraine.Ukraine's energy facilities have faced a campaign of destruction since the start of Russia's full-scale invasion, with the attacks intensifying in October 2025. The country has lost approximately 9,000 MW of its generation capacity and 90 per cent o...
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