Current state of implementation of the project
Current state of implementation of the project "Investments in the energy efficiency of public buildings and street lighting in Rivne"​

As a result of the war in Ukraine and the introduction of martial law from February 24, 2022, NEFCO recognizes that the consequences for the financed activities have or may have a significant negative impact. Nevertheless, due to the high importance of the NEFCO-3 project during the war and in the post-war period, NEFCO decided to continue the implementation of the project "Investments in the energy efficiency of public buildings and street lighting in Rivne" with a revised scope of the financing plan, where the sources of financing are the NUEE grant and co-financing of the city, despite the unavailability of credit funds.

On May 16, 2022, NEFCO received a notice of non-objection from the Ministry of Foreign Affairs of Norway regarding the continuation of the financing of the project with the help of the NUEE grant in the amount of EUR 1,200,000.
We bring to your attention a short report on the state of project implementation, in the presentation material attached below.

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