GCF gives green light to largest climate project to date, Serbia included
The Green Climate Fund (GCF), set up by 194 countries which are parties to the United Nations Framework Convention on Climate Change (UNFCCC), will start funding its largest climate finance investment to date through projects in Armenia, Egypt, Georgia, Jordan, Republic of Moldova, Mongolia, Morocco, Serbia, Tajikistan, and Tunisia. This investment is co-financed by the European Bank […]
EBRD helps green heating in Banjaluka with EUR 8.3 million loan
The European Bank for Reconstruction and Development (EBRD) will provide EUR 8.3 million loan to the Banja Luka for the acquisition of an equity stake in Eko Toplane, district heating company which is the builder, owner, and operator of the 49 MW plant fired by wood biomass. The EBRD is supporting the capital of Republika […]
Tender to be called in early 2018 for water supply project in BiH
Public Company Plava Voda will publish a tender for consultant services on the Plava Voda water supply project in January/February and for works in March 2018, the company said in a statement. The Project has a total estimated cost of EUR 30 million and will require the procurement of the construction of water intake structures […]
EBRD, EU and Austria support greener future in BiH with EUR 17 million
The European bank for reconstruction and development (EBRD), the European Union (EU) and the Austria have launched a joint programme to support energy efficiency investment in the residential housing sector in Bosnia and Herzegovina, the EBRD said in a statement. The EBRD has committed a total of EUR 17 million to Unicredit Bank Mostar, Unicredit […]
Albanian government will stimulate investments in solar energy
Solar energy is an extremely important energy source for Albania because of its geographic position and exposure to sunlight, the Albanian Minister of Infrastructure and Energy, Damian Gjiknuri said at the opening of a workshop on solar energy in Tirana. The Minister said the Albanian government will stimulate investments in the production of energy from […]
EBRD to loan EUR 75 million to Turkey for renewables investment
The European Bank for Reconstruction and Development (EBRD) will provide EUR 75 million in financing to Turkey Sinai Kalkinma Bankasi (TSKB), a Turkey-based investment and development bank, for renewable investment. The financing, under Turkey Mid-Size Sustainable Energy Financing Facility III (MidSEFF III) is for on-lending to private sector borrowers for renewable energy and resource efficiency […]
EBRD tender for watersupply system project consultants in Sarajevo
The European Bank for Reconstruction and Development (EBRD) has published an invitation for expressions of interest offers to provide consulting services for the water supply and sewer system public enterprise Vodovod i kanalizacija d.o.o. Sarajevo as part of a program to renew the water supply system in the Sarajevo Canton of the Federation of Bosnia-Herzegovina. […]
Update: EBRD, IFC finance wind farm Čibuk 1 of 158.4 MW
Vetroelektrane Balkana d.o.o. secured a credit line worth EUR 215 million for its Čibuk 1 wind power plant, most of which is planned to be built in the Kovin municipality, less than fifty kilometres northeast of the centre of Belgrade. The facility of General Electric Co.’s 57 turbines in the area of villages of Mramorak and Dolovo […]
