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 […]

Mobility October 5, 2018

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, […]

Water October 3, 2018

EBRD starts consultations on its draft energy sector strategy

The European Bank for Reconstruction and Development (EBRD) is launching public consultations on the draft of its upcoming Energy Sector Strategy (ESS), which will guide the Bank’s operations in the sector for the next five years, the international financial institution said in a press release. The current EBRD Energy Sector Strategy came into force in […]

Electricity September 26, 2018

ERS unit gets loan from EBRD for smart grid project

Power distribution company Elektro-Bijeljina, a subsidiary of state-owned power utility Elektroprivreda Republike Srpske (ERS), has signed a EUR 15 million loan agreement with the European Bank for Reconstruction and Development (EBRD) for the reconstruction of the medium and low-voltage power network in Elektro-Bijelijina’s distribution area and the installation of smart meters. The loan to finance […]