Sarajevo’s central municipality refurbishing schools
The Municipality of Centar in Sarajevo said it continues with projects of thermal insulation of schools and kindergartens with façades. After the completion of works in primary school Alija Nametak, preparations at several facilities are underway, according to a statement on the local authority’s website. The value of the project in elementary Musa Ćazim Ćatić is BAM 150,000 (EUR 77,000), […]
EBRD funds clean technology in Tüpraş, Şişecam
A long-term loan agreement of EUR 42 million was signed by the European Bank for Reconstruction and Development and glass producer Türkiye Şişe ve Cam Fabrikaları AŞ (Şişecam), with the aim to finance recycling and energy efficiency. The bank said it will also support the largest resource efficiency program in the Turkish industrial sector to […]
HEP’s cogeneration facility in Zagreb eligible for incentives
Croatian Energy Regulatory Agency (HERA) awarded Block L in HEP Group’s TE-TO Zagreb the status of privileged electricity producer last month, Energetika.net reported. This is the Croatian government-owned power utility’s first highly efficient cogeneration unit to receive incentives for power generation. The official rate is HRK 0.53 (EUR 0.07) per kWh. Block L of TE-TO Zagreb, fuelled by […]
Bulgaria in breach of rules on energy consumption
The European Commission said it sent a reasoned opinion to the government in Sofia to request the correct transposition of all the requirements of the Energy Performance of Buildings Directive (2010/31/EU) into national law. Member states of the European Union are required to establish and apply minimum energy performance requirements for new and existing buildings, […]
EBRD sets EUR 100 million for Vakıfbank to on-lend
The European Bank for Reconstruction and Development said it approved EUR 50 million or its equivalent in dollars or Turkish liras to Vakıfbank (Türkiye Vakıflar Bankası t.a.o.) under the Turkey Sustainable Energy Financing Facility 3 (TurSEFF 3). Another EUR 50 million was set under Turkey Sustainable Energy Financing Facility Framework Ext 1 (TurSEFF 2). The […]
Piraeus Bank Bulgaria to finance residential energy efficiency
The European Bank for Reconstruction and Development (EBRD) said it is providing a EUR 10 million loan complemented by technical assistance to Piraeus Bank Bulgaria (PBB). The loan is provided under the new extension of the Residential Energy Efficiency Credit Line (REECL), a framework established by the EBRD in 2005. As the partnership continues, PBB […]
BPB Bank enters EBRD’s green energy programme
A new bank in Kosovo* has joined the energy efficiency financing programme of the European Bank for Reconstruction and Development. Under an agreement signed by Suma Chakrabarti, EBRD’s president, and Arton Celina, the chief executive officer of BPB, the bank will receive a EUR 1 million credit line for on-lending to small and medium-sized enterprises […]
CEB finances energy efficiency at University of Cyprus
Rolf Wenzel, governor of the Council of Europe Development Bank (CEB), signed a EUR 32 million loan agreement for the financing of extension and renovation work at the facilities of the University of Cyprus (UCy) in Nicosia. Student intake at the largest academic institution in the island country is expected to increase significantly, the statement […]
