Energy Efficiency

EIB opens credit line for energy, environment

EIB

Published

July 18, 2016

Country

Comments

comments icon

0

Share

Published:

July 18, 2016

Country:

Comments:

comments icon

0

Share

The European Investment Bank said it approved a EUR 50 million credit line to SID Bank d.d., Slovenia’s national export and development entity, to finance smaller projects of municipalities and public firms as well as small and medium-sized enterprises and midcap companies in the areas of infrastructure, energy efficiency and the environment.

EIB funds will also support schemes in the fields of transport, integrated territorial development, innovation and skills, climate change and economic and social cohesion.

European Union’s bank said it has again joined forces with SID Bank, a crucial player in the Slovenian economy and a very successful financier of private and public sector projects. Thanks to the fruitful cooperation between the two financing institutions, private and public sector entities in Slovenia have received EIB funds of EUR 1.1 billion since 2009, and better access to long-term finance in order to mitigate the effects of financial crisis, EIB added. SID bank has already financed 52 projects of Slovenian municipalities in the amount of EUR 43 million. New EIB funds will be available shortly and also disbursed in cooperation with commercial banks.

Related Articles

Green for Growth Fund partnership Swedish International Development Cooperation Agency Sida

Green for Growth Fund launches partnership with Swedish International Development Cooperation Agency

30 May 2025 - GGF and the Swedish International Development Cooperation Agency are expanding green lending in the Western Balkans and the EU's Eastern Neighborhood

Cities are driving the transition to climate neutral and fair housing

Cities are driving the transition to climate neutral and fair housing

19 May 2025 - City governments are ready to lead the transition to climate-neutral buildings by 2050, but they cannot do it alone

serbia germany kfw heating plants renewables district heating konrad muler

Serbia to invest EUR 60 million in renewables in district heating

16 May 2025 - The Minister of Mining and Energy met with Ambassador Anke Konrad and KfW's Director for Southeast Europe and Turkey Klaus Müller

North Macedonia Law on Energy

North Macedonia adopts Law on Energy

15 May 2025 - With a majority of votes, 62 out of 120, the Assembly of North Macedonia adopted the Law on Energy, aligning the legal framework with the EU