Financing energy restoration: Ukrainian banks invested 8.3 billion hryvnia

Ukrainian banks have actively participated in the restoration of energy infrastructure, financing projects worth 8.3 billion hryvnia from June to November 2024. During this time, financial institutions received applications for a total of 68.6 billion hryvnia, a significant part of which is still under consideration. Such data was published by the press service of the National Bank of Ukraine.

A survey of the country's 20 largest banks showed that in six months the gross portfolio of loans to legal entities for energy projects, taking into account repaid loans, amounted to 5.2 billion hryvnia. In November, banks received 307 applications for the amount of 2.3 billion hryvnia, of which 197 applications were approved for a total amount of 3.8 billion hryvnia. At the same time, 202 loans for 2.6 billion hryvnia have already been issued.

Thanks to the loans provided, the generation of over 390 MW of electricity was financed. The main areas of investment were: gas-piston cogeneration plants (185 MW), diesel and gasoline generators (102 MW) and solar power plants (102 MW). These projects cover 21 regions of Ukraine, contributing to energy decentralization and strengthening local energy sources.

Financing of energy needs is provided not only to businesses, but also to citizens. In November, individuals received loans for energy needs in the amount of UAH 129 million. In total, since June, the volume of such loans has reached UAH 547 million, and the gross portfolio of loans to individuals is UAH 479 million. This indicates a high interest in energy projects among the population, in particular to ensure autonomous energy supply.

Banks pay special attention to the implementation of projects that contribute to the sustainable development of the energy sector. Significant investments in renewable sources, such as solar power plants, and infrastructure modernization through cogeneration plants indicate a focus on long-term solutions.

According to NBU representatives, the active participation of banks in financing energy projects helps strengthen the country's energy security, ensure stability of supply and support economic growth. In the future, it is expected that lending for such initiatives will expand, which will be an important step towards restoring Ukraine's energy potential.