Additional funding will be provided by Swedfund International AB, the Swedish Government's development financier, and the Nordic Environment Finance Corporation (with loans of EUR 10.0 million and EUR 5.0 million, respectively. The European Bank for Reconstruction and Development ( EBRD ) has confirmed that it will lend Norway 's Scatec Solar € 19.7 m ( $ 22.3 m ) to construct a 10 MW solar farm in the Ukrainian city of Chyhyryn . Swedfund International and the Nordic Environment Finance Corporation will provide an additional € 10 m and € 5 m respectively in funding . The project , which will go online next year , is the fifth investment under the EBRD 's € 250 m Ukraine Sustainable Energy Lending Facility III and is Scatec 's third project in Ukraine . The loans will cover 70 % of the project 's total cost .
The European Bank for Reconstruction and Development ( EBRD ) has confirmed that it will lend Norway 's Scatec Solar € 19.7 m ( $ 22.3 m ) to construct a 10 MW solar farm in the Ukrainian city of Chyhyryn . Swedfund International and the Nordic Environment Finance Corporation will provide an additional € 10 m and € 5 m respectively in funding . The project , which will go online next year , is the fifth investment under the EBRD 's € 250 m Ukraine Sustainable Energy Lending Facility III and is Scatec 's third project in Ukraine . The loans will cover 70 % of the project 's total cost .