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 […]
Erste Bank gets EUR 5 million loan from EBRD to on-lend for home energy efficiency
Erste Bank has become the first Serbian bank to receive financing from the European Bank for Reconstruction and Development (EBRD) for home energy efficiency through a RSD 600 million (equivalent to EUR 5 million) loan for on-lending to residential clients. Erste Bank’s home energy efficiency loans are aimed at citizens planning to invest in energy […]
Petition handed to EBRD calling on IFIs to drop “destructive hydropower in the Balkans”
Representatives from the Save the Blue Heart of Europe campaign to save the continent’s last undammed rivers have handed in a petition endorsed globally by more than 120,000 people, calling on international development banks to rein in financial support for hydropower projects in the Balkans, according to a press release from CEE Bankwatch Network, one […]
Greek energy exchange founded, launch expected in mid-2019
The Hellenic Energy Exchange has been founded as part of the EU’s target model to create a single energy market, Greece’s Environment and Energy Ministry said. The Greek energy exchange is expected to launch operations in mid-2019, the Greek Observer reported, citing an announcement from the ministry. The country’s first energy exchange will be owned […]
