Support for Сities in Аttracting Loans
The USAID Municipal Energy Reform Project (USAID Project) is ready to provide assistance to pilot cities in taking out loans for implementing energy efficiency projects in the public buildings sector.
The Project will conduct energy audits of the kindergartens, schools and hospitals selected by each city, and will assist the cities in negotiations with international financial institutions. In addition to loans, the cities will also be able to receive grants from the E5P Fund. The Project will provide expert support in the preparation of the necessary documents.
Similar technical assistance was provided by the USAID Project to Lutsk and Khmelnytskyi in 2015. Through the development of business plans, the Project helped these cities receive loans from the Nordic Environment Finance Corporation (NEFCO) as well as grants:
The business plan “Energy Efficiency Improvement in Public Buildings of Lutsk” was developed for Lutsk. It covered 8 public buildings:
∙ NEFCO loan amount – UAH 10,412,000 (Euro 400,000 at 26.03 UAH/Euro exchange rate),
∙ Е5Р grant amount – UAH 5,206,000 (Euro 200,000 at 26.03 UAH/Euro exchange rate);
For Khmelnytskyi, the business plan “Energy Efficiency Improvement in Public Buildings of Khmelnytskyi” was developed. It covered 5 public buildings:
∙ NEFCO loan amount – UAH 9,772,000 (Euro 400,000 at 24.43 UAH/Euro exchange rate),
∙ Е5Р grant amount – UAH 4,031,000 (Euro 165,000 at 24.43 UAH/Euro exchange rate).
In support of its interest, the managements of the pilot cities need to send a letter with the relevant request to Dmytro Yemelyanenko, USAID Project Deputy Chief of Party.
