Energy Efficiency

EIB opens credit line for energy, environment

EIB

Published

July 18, 2016

Country

Comments

0

Share

Published:

July 18, 2016

Country:

Comments:

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

CAN Europe Western Balkan contries in preparing NECP national energy climate plan

CAN Europe: Western Balkans took little to no action in preparing NECPs

05 June 2023 - In 2021, the obligation to adopt NECPs was postponed until 2024 at the latest while the deadline for delivering drafts is June 30, 2023

Abazovic Montenegro achieve energy independence 2030

Abazović: Montenegro to achieve energy independence in 2030

02 June 2023 - Outgoing Prime Minister Dritan Abazović said his pre-election coalition is pledging to make Montenegro energy independent in 2030

EBRD Bogdanović Renewable heating biggest contributor decarbonization urban areas

EBRD’s Bogdanović: Renewable heating is biggest contributor to decarbonization in urban areas

25 May 2023 - Renewable sources can contribute the most to the decarbonization of urban areas, Bojan Bogdanović from the EBRD said at BEF 2023

International Congress on Process Industry Processing '23 serbia sabac

36th International Congress on Process Industry – Processing ’23. to be held on June 1-2 in Serbia

24 May 2023 - The two-day event will be held in Šabac, where domestic and foreign experts will present 65 papers classified into 11 thematic groups