EBRD seeks geothermal, offshore wind consultants for Turkey
The European Bank for Reconstruction and Development (EBRD) has invited technical and financial proposals from consultants to produce a study of the overall short- and long-term geothermal district energy potential of Turkey, and identify and evaluate the feasibility of the most promising three sites for building such district energy systems, according to a request for […]
BEH gets EBRD’s financial backing to help with energy market liberalization
State-owned energy company Bulgarian Energy Holding (BEH) has secured a EUR 100 million investment from the European Bank for Reconstruction and Development (EBRD) in its seven-year EUR 550 million bond issuance to refinance an earlier bond under better terms, in what will improve its financial structure and is expected to help with the country’s energy […]
Banja Luka in talks with EBRD on loan of up to EUR 10 million for water supply projects
Banja Luka Mayor Igor Radojičić and the European Bank for Reconstruction and Development’s (EBRD) representative Josip Polić signed a letter of intent on August 1 concerning a loan of up to EUR 10 million for construction works on the primary and secondary water supply network, the city said in a news release. Negotiations with the […]
QNB Finans Leasing gets EUR 25 million loan from EBRD to finance energy efficiency investments
QNB Finans Finansal Kiralama A.S., a leasing subsidiary of Turkey’s QNB Finansbank, has received a EUR 25 million loan from the European Bank for Reconstruction and Development (EBRD) to on-lend to small and medium-sized enterprises (SME) for energy efficiency investments. The EBRD loan is extended under the third phase of the Turkey Sustainable Energy Financing […]
EPS to transform to JSC in 2020, tariff review for 2018 to be completed by end-August, Serbia tells IMF
The legal status of public power utility Elektroprivreda Srbije (EPS) will be changed to a joint-stock company in 2020, while a tariff review for 2018 will be completed by the end of August with the assistance of the World Bank, the Serbian authorities wrote in the program statement concerning the new Policy Coordination Instrument (PCI) […]
HEP signs construction deal for Zagreb CCPP as it secures EUR 130 million in lending from EBRD, EIB
Power utility Hrvatska Elektroprivreda’s (HEP) project to build a new gas-fired combined-cycle gas-turbine plant to replace old and worn-out units at the EL-TO Zagreb combined heat and power (CHP) site will be backed with a total of EUR 130 million in lending from the European Bank for Reconstruction and Development (EBRD) and the European Investment […]
Tendering launched for construction of two water pipelines in Šibenik
Public water and wastewater utility Vodovod i odvodnja Šibenik has launched tendering for the construction of water supply pipelines Supljak-Kanica and Dvornice-Salići as part of the Šibenik wastewater investment program. The construction will be financed by a loan secured by the European Bank for Reconstruction and Development (EBRD). Šibenik’s utility Vodovod i odvodnja invites sealed […]
Montenegro starts phasing out inefficient incandescent light bulbs
Montenegro has launched a phase-out of traditional filament incandescent light bulbs starting with the highest wattage – 100-watt conventional incandescent light bulbs and above, as part of a new legal framework introducing the EU’s ecodesign requirements for a range of energy-using and energy-related products. The rulebook to progressively ban conventional incandescent light bulbs in favor […]