News

EBRD prepares loan for EPS restructuring for autumn

Published

April 21, 2015

Comments

0

Share

Published:

April 21, 2015

Comments:

0

Share

The European Bank for Reconstruction and Development plans to grant a EUR 200 million loan in autumn to the Electric Power Industry of Serbia (EPS) for financial restructuring, the bank’s country director for Serbia Matteo Patrone told Tanjug agency.

The goal is to finally sign a loan contract for EPS restructuring before the year’s end, Serbian Wise Broker quoted him saying. Asked about loan details, Patrone stated it was too early to speak about it. EBRD country director for Serbia explained that the Government of Serbia will carry out EPS restructuring with help from World Bank representatives which are now working on the plan. It is part of the standby arrangement between Serbia and the International Monetary Fund, signed a few months ago, he added.

Related Articles

Solar power generation to increase ten times in Montenegro energy balance

Solar power generation to increase tenfold in Montenegro next year

25 November 2022 - According to the estimate in the Energy Balance of Montenegro for 2023, electricity production will drop 12.63% this year

Austria can reach 1,2 GW with additional solar in 2022

Austria set to add over 1 GW in solar power in 2022

25 November 2022 - Austria is on track to install more than 1 GW in photovoltaics this year and as much as 1.5 GW every year

Four times more installed power plants in North Macedonia in 2022

North Macedonia’s regulator issues 200 licenses for renewable electricity plants in 2022

25 November 2022 - The Energy and Water Services Regulatory Commission issued 200 licenses this year for electricity production from renewable sources

Albania applications solar power 151 MW

Albania receives applications for solar power projects of 151 MW in total

25 November 2022 - Applications for solar power projects sent to the Ministry of Infrastructure and Energy of Albania include one of the largest ones so far, for 93 MW