EUR 25 million loan for upgrading Sarajevo water supply network
The reconstruction of the water supply network in Sarajevo, the capital of Bosnia and Herzegovina, is financed with a EUR 25 million sovereign loan provided to the Sarajevo Canton Water and Wastewater Company by European Bank for Reconstruction and Development (EBRD). The loan agreement was signed today on the final day of the EBRD 2017 Annual […]
Krnovo wind park started trial electricity production
Wind power plant in Krnovo, Montenegro, launched trial electricity production on 5 out of 26 wind turbines installed. Wind park has MW 72 of installed power and it is one of the largest facility of that type in the region. According to plan, production will be increased gradually, followed by technical tests. If the tests […]
Soon auctions for solar power project in Albania with support of EBRD
Albania’s Minister of Energy and Industry, Damian Gjiknuri and EBRD Head of Albania, Matteo Colangeli signed a Memorandum of Understanding (MoU) in the capital Tirana with the goal to stimulate investments in solar power generation in the country. The arrangement will facilitate development of projects in Albania through an auction-based system, in accordance with international best […]
Strabag and Končar late in delivering project documentation for HPP Vranduk
Construction works on Vranduk hydropower plant (HPP Vranduk) have been stalled. According to local media reports, the consortium comprising Austrian Strabag and Croatian Končar has delayed in delivering project documentation while trying to revise upwards the cost of the project, proposal to which the supervisory body was reluctant. The project of state power utility EPBiH […]
EBRD and the Green Economy Transition: a strategy for sustainable investments in Serbia
By Ana Bachurova, EBRD Energy Efficiency and Climate Change team and Daniel Berg, EBRD Director for Serbia The European Bank for Reconstruction and Development (EBRD) was the first international financial institution whose charter was explicitly “green” – that is, environmentally friendly. In Serbia, the EBRD investments in green projects account for more than EUR 800 […]
EBRD providing green funds to UniCredit for on-lending
UniCredit Bank a.d. Banja Luka may be granted a EUR 5 million senior loan under the Western Balkans Residential Green Economy Financing Facility (GEFF) for on-lending to residential sector for green economy investments in Bosnia and Herzegovina, the European Bank for Reconstruction and Development said in the project summary. The target board date is May […]
MEPSO looking for consultant to assess impact of electric vehicles implementation
Electricity Transmission System Operator of Macedonia MEPSO has issued an invitation for expression of interest for a consultant to assess possible impact of electric vehicles implementation in Macedonia for the period of next 20 years. The main objective of the assignment is to prepare a study that is to investigate effects of plug-in electric vehicles […]
EBRD considers providing EUR 50 million loan for wind farm Kovačica, Serbia
The project for the construction of 104.5 MW wind farm Kovačica in Vojvodina, Serbian northern province, reached important milestone: European Bank for Reconstruction and Development (EBRD) officially launched the procedure to consider approval of the EUR 50 million loan to Electrawinds K-Wind d.o.o., a company developing the project. Loan approval decision will be made on the […]