Gazprombank to fund construction of solar facilities in Russia

06.12.2016 – Gazprombank intends to finance seven solar power facilities in Russia’s republics of Bashkortostan, Altay and Orenburg totally worth 6.8 billion rubles via a 10-year loan.

“The project portfolio of Hevel (a joint venture of Renova and Rosnano) accounts for above 364 MW, and the partnership with Gazprombank with make the development trend faster,” Igor Shakhray, CEO of Hevel said in a statement.