The Ukraine Sustainable Energy Lending Facility (USELF) is an investment facility of up to €140 million established by the European Bank for Reconstruction and Development (EBRD) for fostering renewable energy projects in Ukraine.
The Facility provides debt finance as well as development support to projects meeting commercial, technical and environmental eligibility criteria.
USELF is structured to provide financing directly from the EBRD for small and medium projects with a simplified and rapid approval process, so reducing transaction costs.
Target projects include all forms of power generation from renewable energy sources, including hydro, wind, biomass, biogas and solar. Biomass and input for biogas production would come from sustainable sources and / or organic waste. Production and distribution of liquid biofuels are not eligible.
Companies applying for a loan within USELF get a unique opportunity to receive attractive EBRD financing as well as technical assistance from the leading international and local ex-perts.