On March 29, 2017, the IIB, the Eurasian Development Bank (EDB) and Nord Hydro-White Threshold LLC (OOO NGBP), Russia, signed loan agreement for a total of 8,150 million RUB (the share of the IIB to 4 075 million RUB) for financing the construction of hydroelectric power plants of the MHPP "Beloporozhskaya HPP1" and MHPP "Beloporozhskaya HPP-2" in the Republic of Karelia.