OEDAS inks finance deals worth USD 330 million to upgrade distribution network

Turkey’s electricity distribution company Osmangazi Elektrik Dagitim (OEDAS), a subsidiary of Zorlu Energy Group, has signed project finance agreements with three international finance institutions (IFI) for Turkish lira-denominated lending worth USD 330 million to finance electricity distribution investments. The lending from the European Bank for Reconstruction and Development (EBRD), IFC, a member of the World […]

EIB provides EUR 15 million to HBOR for biodiversity improvement

European Investment Bank (EIB) has provided EUR 15 million to Croatian Bank for Reconstruction and Development (HBOR) under the Natural Capital Financing Facility in order to improve conservation of existing biodiversity, improve green infrastructure and strengthen climate change resilience. The Natural Capital Financial Facility, founded 3 years ago by the EIB and the European Commission, has […]

Energy efficiency bill sent to Kosovo* parliament

The government of Kosovo* has submitted the energy efficiency bill to the parliament. The bill is aimed at establishing a legal framework for reaching of energy efficiency targets, as well as at implementing all relevant EU directives, Economic Development Minister Valdrin Lluka said. The minister added that with the establishment of a fund envisaged under […]