EBRD providing green funds to UniCredit for on-lending

UniCredit Bank a.d. Banja Luka may be granted a EUR 5 million senior loan under the Western Balkans Residential Green Economy Financing Facility (GEFF) for on-lending to residential sector for green economy investments in Bosnia and Herzegovina, the European Bank for Reconstruction and Development said in the project summary. The target board date is May […]

EBRD considers providing EUR 50 million loan for wind farm Kovačica, Serbia

The project for the construction of 104.5 MW wind farm Kovačica in Vojvodina, Serbian northern province,  reached important milestone: European Bank for Reconstruction and Development (EBRD) officially launched the procedure to consider approval of the EUR 50 million loan to Electrawinds K-Wind d.o.o., a company developing the project. Loan approval decision will be made on the […]

Croatian Dalekovod and BiH Elektroprivreda HZHB signed EUR 20 million contract

Power transmission equipment maker Dalekovod d.d. from Croatia announced it signed in Mostar the contract for the reconstruction and construction of transmission lines and transformer stations with Bosnia’s power utility Elektroprivreda HZHB, worth over EUR 20 million. The project is divided into three parts according to the type of works, and covers the construction of […]

World Bank to support Albania’s energy projects further

The World Bank is eager to help Albania address constraints and overcome challenges in making the energy sector competitive and efficient and expanding integration with neighbours, the organization’s eight executive directors told the government in Tirana, headed by prime minister Edi Rama. The two-day visit organized at the end of last month as part of […]

WB6 at over half way to power market integration

The Western Balkan Summit on July 12 in Trieste, Italy, may elevate the importance of creating a regional electricity market and to deliver on the commitments of both European Union member states and the six countries of the region, the Energy Community Secretariat said. The organization’s WB6 Electricity Monitoring Report notes governments took on responsibility […]