📋 Tender Overview
Project ID: 56346
Status: In Exploratory, Pending Final Review
Location: Ukraine
Business Sector: Financial Institutions
Notice Type: Private
Environmental Category: FI
Approval Date: 11 Jun 2025
Disclosure date: 06 May 2025
Project Description
An unfunded risk-sharing instrument covering the credit risk in newly originated sub-loans with the total value of EUR 300 million equivalent (the "Covered Portfolio") to be originated by Ukrgasbank in Ukraine.
The Project will include three sub-limits with the Covered Portfolio of: (i) EUR 80 million under the Resilience and Livelihoods Guarantee product, (ii) EUR 160 million under EBRD's Energy Security Support Facility (assigned with a separate EBRD project number 56347) and (iii) EUR 60 million under the EU4Business-EBRD Credit Line with Incentives (assigned with a separate EBRD project number 56348).
Under the Resilience and Livelihoods Guarantee product, sub-loans will finance broader working capital and investment needs of Ukrainian private businesses across key economic sectors, helping sustain their operations and livelihoods.
Under the Energy Security Support Facility, sub-loans will finance energy generation, energy storage and energy efficiency sub-projects to Ukrainian businesses and households. All sub-borrowers will receive technical assistance to facilitate their investments' structuring and implementation. Eligible residential sub-borrowers will additionally receive grant support in form of investment incentives upon the completion of their eligible investment projects.
Under the EU4Business-EBRD Credit Line with Incentives, the EBRD and the EU support investment projects of local small and medium enterprises ("SMEs"). The EBRD enables financing of long-term capital investments of SMEs to upgrade their technologies and equipment to EU standards, including investments in sustainable and green technologies (at least 70% of the sub-limit), thereby enhancing businesses' competitiveness. Eligible sub-borrowers will also receive technical assistance funded by the EU and grant support in the form of investment incentives upon the completion of their investment projects.
Project Objectives
The facility will be used to support lending to Ukrainian sub-borrowers in critical areas for the country's energy security, with priority given to MSME, corporate borrowers, and households investing in projects that enhance energy security and energy efficiency in Ukraine.
