The financing will help a poultry producer to implement new technologies and improve energy management.
EBRD has issued a 25 million-euro loan to Myronivskyi Hliboproduct PJSC, a Ukrainian poultry, grain and feed producer, the bank’s official website informs.
The loan will be used to finance the construction and launch of a 10 MW biogas plant in Ladyzhyn, Vinnytsia Oblast. This biogas plant will use chicken manure and other agricultural waste produced by poultry farms and grain operations.
By financing this project, EBRD helps implement its long-term “green energy” development strategy. It will be MHP’s second biogas plant and the largest of its kind in Ukraine.
The project will benefit from the USD 358,000 grant provided under EBRD’s FINTECC program (Finance and Technology Transfer Center for Climate Change). It will help improve biogas production technology and implement an energy management system.
It is expected that after becoming operational, the biogas plant would reduce greenhouse gas emissions by 90,000 tons of the CO2 equivalent annually.