Zsuzsanna Hargitai starts as new EBRD director for Western Balkans
Zsuzsanna Hargitai has taken over as the European Bank for Reconstruction and Development’s (EBRD) new director for the Western Balkans. Based in Belgrade, she will also head the EBRD’s operations in Serbia. In Serbia, Zsuzsanna Hargitai will succeed Daniel Berg, who is leaving the EBRD after almost 25 years of distinguished service, according to a […]
Sofia launches work on Green City Action Plan – EBRD
Sofia has started working on its Green City Action Plan (GCAP) to identify environmental challenges and actions to address them, the European Bank for Reconstruction and Development (EBRD), which is helping the Bulgarian capital produce the GCAP under its Green Cities Framework (GrCF), said in a news release. A coalition of nine doctor and health […]
Albania gets fresh EUR 12 million loan for strategic Dam Safety Project
Albania has drawn an additional EUR 12 million in lending for its Dam Safety Project to safeguard hydroelectric dams and extend the operating life of hydropower plants on two rivers, including the Drin Cascade, which accounts for the bulk of the country’s electricity generation. The three hydropower plants (HPPs) in the Drin Cascade – Fierza, […]
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 […]
Belgrade to “do its part” to enable launch of works under Vinča landfill project by next spring
The City of Belgrade will “do its part” within legal deadlines to enable launching construction by the spring of 2019 under a EUR 333 million public-private partnership (PPP) project to remediate the Vinča landfill – Serbia’s biggest environmental problem – and build modern waste management facilities, City Manager Goran Vesić said. Vesić was speaking while […]
EBRD mulls equity investment in Turkish renewable energy business
The European Bank for Reconstruction and Development (EBRD) is considering an equity investment, in the form of capital increase, in Turkish renewable energy firm Ictas Yenilenebilir Enerji Uretim ve Ticaret. The portfolio of the renewable energy firm, a unit of IC Ictas Enerji Yatirim Holding, consists of around 400 MW of operational hydropower plants and […]
EPBiH seeks bids to build 15 small HPPs, as wind farm to go online in Q4 2019
Power utility Elektroprivreda BiH (EPBiH) has invited tenders for construction works worth an estimated EUR 5.66 million (BAM 11 million) on 15 small hydropower plants (HPPs) on the Neretvica river, as it plans to put an EUR 83 million wind farm into operation in the fourth quarter of 2019, Senad Salkić, executive director for capital […]
EPS invites tenders for construction of two small HPPs
Public power utility Elektroprivreda Srbije has invited tenders for the construction of two new small hydropower plants (HPP) Ćelije HPP, near the City of Kruševac, and Rovni HPP, near the City of Valjevo, on existing dams. The investment is part of the Programme for Reconstruction of Small Hydropower Plants for which EPS received a EUR […]
