Sofia to deploy 15 electric buses in 2019 as it secures EUR 7.35 million loan from EBRD, GESF
The European Bank for Reconstruction and Development (EBRD) and the Green Energy Special Fund (GESF) have approved a EUR 7.35 million loan to Sofia Electrical Transport Company (SETC) for the first phase of the modernization of Sofia’s bus fleet through the acquisition of up to 15 low-floor electric buses with fast-charging technology and six charging […]
Akfen secures USD 363 million in lending for USD 530 million renewables project
Akfen Renewable Energy, the renewables arm of Turkey’s Akfen Holding, has secured a total of USD 363 million in lending from six banks for its USD 530 million project to build four new wind farms and nine solar photovoltaic (PV) plants with a combined capacity of 327 MW. Akfen Renewable Energy is providing USD 167 […]
CEDIS issues invitation for prequalification for Smart Metering Completion Project
The Montenegrin distribution system operator (DSO), Crnogorski elektrodistributivni sistem (CEDIS), has published an invitation for prequalification for the procurement of an IT system for Meter Data Management and integration with Advanced Metering Management (AMM) and legacy systems. The state-owned company intends using part of the loan from the European Bank for Reconstruction and Development (EBRD) […]
EUR 230 million to be invested in improvements of Bulgaria’s water supply, wastewater treatment
A total of EUR 230 million is to be invested to improve Bulgaria’s water supply and wastewater treatment from Bulgaria’s, the EU’s, and the European Bank for Reconstruction and Development’s (EBRD) sources. The Fund Manager of Financial Instruments in Bulgaria (FMFIB), or Fund of Funds, has been set up by the Bulgarian state to structure […]
Belgrade launches work on Green City Action Plan, Sustainable Energy and Climate Action Plan
The City of Belgrade today started work on its Green City Action Plan (GCAP) and Sustainable Energy and Climate Action Plan (SECAP) within the European Bank for Reconstruction and Development’s (EBRD) Green Cities Framework. Belgrade also began preparing its candidacy for the European Green Capital Award. At the start of the initial conference for the […]
Sofia transport operator plans to buy 30 electric buses
Urban transport operator Sofia Electrical Transport Company (SETC), wholly-owned by the City of Sofia, is set to get a EUR 14.7 million loan from the European Bank for Reconstruction and Development (EBRD) to enhance its bus fleet through the purchase of 30 low-floor electric buses with fast charging technology and 12 charging stations, as well […]
Toplana Zenica to resolve top polluter with new, EUR 53 million CHP plant
Zenica, one of the most polluted cities in Europe, is poised to resolve much of its emissions problem with a new combined heat and power plant (CHP) to use coke and blast furnace gases from the steelworks as fuel under a EUR 53 million deal the city is calling “historic.” The new plant is to […]
EU funds minister inks EUR 593.2 million financing contract for regional water, wastewater project
Romania’s Minister of European Funds Rovana Plumb has recently signed a financing contract worth around EUR 593.2 million for a regional project to develop drinking water, sewerage, and wastewater infrastructure in six counties in the country. The contract will finance works for the rehabilitation and extension of water supply networks in Constanta, Ialomita, Calarasi, Dambovita, […]