EBRD’s Ukraine Public Sector Energy Efficiency Financing (UPSEEF)

Name: EBRD’s Ukraine Public Sector Energy Efficiency Financing (UPSEEF)
Senior Financial Expert: Oleksii Romanov
Senior Legal Expert: Oleg Dovzhenko
Client: iC
Funding source: EBRD
Duration: 2016-ongoing
Description: EBRD’s framework lending program designed to utilize EUR 100 million for individual municipal loans to participating cities to improve energy efficiency in public buildings and street lighting
Tasks/activities performed:

• designing of energy performance contracts (EnPC), preparing template contract, evaluation criteria, tender procedures
• supporting of cities in preparing EnPC investment programs
• building of project pipeline and due diligence, assessment of project risks
• preparation of financial model for assessment of the projects proposed by city in line with FAST standard.