GOLDBECK SOLAR and the EBRD to form a joint venture.

GOLDBECK SOLAR, an international company specializing in turnkey construction of industrial and large-scale photovoltaic power plants and the EBRD, an international financial institution, agreed to form a joint venture. Financial terms were not disclosed. “We are very proud to support Ukraine in the expansion of their electricity grid based on renewable energy technologies. We are aware of the risks posed by the current political situation; nonetheless, we recognize that Europe’s future is linked to that of Ukraine and thus we need to set an example today. We are delighted to have an experienced partner at our side in the EBRD, with whom we have partnered in several other deals in the region,” Joachim Goldbeck, GOLDBECK SOLAR CEO.