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EBRD-led package allocated to repair energy infrastructure in Ukraine.
The European Bank for Reconstruction and Development has approved a financing package worth EUR 372 million to support Ukrenergo, the Ukrainian government-run operator of the national power grid.
That’s according to a statement released by the bank’s press service, as seen by Ukrinrform.
“The European Bank for Reconstruction and Development (EBRD) has approved a financing package that will bring €372 million to support Ukraine’s electricity transmission company, Ukrenergo, to make swift emergency repairs of damages caused by heavy bombings of civilian power infrastructure during Russia’s war on Ukraine and to keep the country’s energy system stable as winter sets in,” the statement reads.
The EBRD will make a sovereign guaranteed loan of EUR 300 million including two components. Up to EUR 150 million is for equipment procurement to implement emergency repairs to the Ukrainian power transmission system. A further EUR 150 million consists of capital structure support.
Separately, the emergency repairs part of the loan will be supplemented by a grant for up to EUR 72 million provided by The Netherlands.
As reported by Ukrinform, Norwegian Finance Minister Trygve Slagsvold Vedum signed an agreement with the European Bank for Reconstruction and Development on November 21 to provide financing in the amount of NOK 2 billion so that Ukraine could buy natural gas this winter.
General Staff: 94 combat clashes on front lines in past day.
Over the past day, 94 combat engagements were recorded on the front lines in Ukraine.
Ukrainian special forces destroy Russian APC, two IFVs with drones in Donetsk sector.
In the Donetsk sector, operators of the eighth separate regiment of the Special Operations Forces of the Armed Forces of Ukraine destroyed one Russian armored personnel carrier and two infantry fighting vehicles during a combat operation using FPV...
Russian forces shell Kharkiv, injuring hospital patient.
A medical facility was damaged and one person was injured in a Russian missile attack on the Saltivskyi district of Kharkiv.
Ukraine received nearly $12B in aid from international partners since year-start.
Since the beginning of the year, Ukraine has received about $12 billion in external financing to cover the budget deficit.
Defense forces repel five Russian assaults on left bank of Kherson region and in Orikhiv direction.
In the operational zone of the Southern Defense Forces, Ukrainian defenders repelled three attacks by Russian invaders on the left bank of the Dnipro River near Krynky and two in the Orikhiv direction - near Staromaiorske and Robotyne.
Huge waves crash into Michigan lighthouse
Large waves crashed into a Lake Michigan lighthouse as a cold front moved through the region. #lighthouse #waves #michigan ––– Subscribe to ABC News on YouTube: Watch 24/7 coverage of breaking news and live events on ABC News Live: Watch full epis...
Mother and son raise autism awareness in new children’s book 'Andrew Does His Dance'.
ABC News' Linsey Davis spoke with Sheletta and Andrew Brundidge about their book about Andrew caring for his younger siblings who have autism and also how to parent children with special needs. ––– Subscribe to ABC News on YouTube: Watch 24/7 cove...
At least 34 arrested at UT Austin pro-Palestinian demonstration.
At least 34 people were arrested at the University of Texas at Austin during a pro-Palestinian demonstration. » Subscribe to NBC News: NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and eng...
Watch Sky News Breakfast live: Labour promises publicly owned rail.
Labour will promise to deliver the biggest shake-up to rail "in a generation" by establishing the long-delayed Great British Railways (GBR) organisation and bringing routes back into public ownership: Join the Sky News Breakfast team live from 7am...
Over 100 students and staff arrested during student pro-Palestinian protests in U.
Some of the most prestigious universities across the US have become hotbeds for protest over Israel's war with Hamas. Police have moved to shut down student protests at campuses across America. Some senior politicians had called for the National G...
Target Towns: Deep loss of faith in British politics.
The electoral battle in Grimsby and Cleethorpes, Sky News' Target Towns, will be fierce. The new pre-election pledges may not be enough. Labour will need an 11.7 point swing to win this newly merged constituency back from the Conservatives. Howeve...