Sokolac seeking partner in district heating PPP
A call for the implementation of renewal, expansion, operation, maintenance and delivery of heat was placed by the Municipality of Sokolac in East Sarajevo. The European Bank for Reconstruction and Development, which published the notice, financed the documentation for the pilot project within the Regional Energy Efficiency Programme (REEP), approved under the Western Balkans Investment […]
Vrbas opens ESCO tender for street lighting
Energy service companies, or ESCOs, can apply for a street lighting project as a call for bids filed as 401-1-24/2016 was published by the Municipality of Vrbas in Serbia’s northwest. The move to raise the level of energy efficiency is based on savings in operational costs generated by reduced energy consumption and lower maintenance costs […]
EBRD to launch third TurSEFF line for small projects
A framework operation of EUR 400 million for on-lending to several financial institutions in Turkey is considered by the European Bank for Reconstruction and Development. TurSEFF 3 will be used to finance private and public sector subborrowers investing in small scale renewable energy and resource efficiency projects, according to the announcement. It will be the […]
First wind turbine installed at wind park Krnovo
Works are continuing after the first out of 26 planned power generators was transported and erected at Krnovo plateau in central Montenegro near Nikšić, local portal Onogost.me reported. The equipment was brought by a special truck, as some parts are 50 metres long and weigh up to 153 tonnes. Construction work on the 72 MW […]
EBRD plans loan for CEZ Distribution’s grid in Bulgaria
The proceeds of a loan being considered by the European Bank for Reconstruction and Development are set to be used by CEZ Distribution (Razpredelenie) Bulgaria a.d. The target date for the final review of the senior package of EUR 116 million is September 7, the project summary document states. EBRD said the electricity distribution company […]
UBB to finance energy efficiency in homes with EBRD’s loan
The European Bank for Reconstruction and Development said it is providing a EUR 5 million loan and technical assistance to the United Bulgarian Bank (UBB) to finance investments that will improve the energy efficiency of residential buildings. The package is part of EBRD’s strategy to help the countries where it invests to address climate change […]
Decision makers get acquainted with Pluto initiative
The European Bank for Reconstruction and Development said it presented its innovative financing scheme in support of geothermal energy projects at a three-day IGC Turkey conference. The Pluto initiative, worth USD 125 million (EUR 110 million), provides finance and advice to private developers at exploratory stages in a move to tap Turkey’s significant potential for geothermal energy […]
Terna Energy expects EBRD’s loan for green energy projects
A project summary document released by the European Bank for Reconstruction and Development (EBRD) targets a board decision on July 20 for the approval of a senior secured loan of up to EUR 50 million to Terna Energy SA. The package for a project with a total cost of EUR 60 million is considered to […]