EUR 50 million for energy efficiency in Western Balkans Six
An EUR 50 million agreement aimed to improve energy efficiency and renewable energy potential in the countries of the Western Balkans Six was signed in Skopje, Macedonia. The agreement was signed by the representatives of the European Commission (EC), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB) and the German […]
New round of EIB loans for improving energy efficiency in Bucharest
Two projects for refurbishing the multi-family residential buildings in the Romanian capital of Bucharest received financial boost from the European Investment Bank. The European Investment Bank (EIB) said it is lending EUR 15.3 million to finance the second phase of the thermal rehabilitation programme covering multi-family housing in the Bucharest’s Sector 6 municipality. This is […]
EIB mulls support for onshore wind farms project
A special purpose entity – private company not from the utilities sector, which promotes a project for three wind farms in Tanagra municipality in Viotia prefecture, applied for funding support, the European Investment Bank said on August 25. The portfolio includes the construction and operation of facilities with an overall capacity of 50 MW in […]
EIB opens credit line for energy, environment
The European Investment Bank said it approved a EUR 50 million credit line to SID Bank d.d., Slovenia’s national export and development entity, to finance smaller projects of municipalities and public firms as well as small and medium-sized enterprises and midcap companies in the areas of infrastructure, energy efficiency and the environment. EIB funds will […]
EIB sets EUR 360 million for co-financing with EU funds
Romanian Partnership Agreement with the European Union for the 2014-2020 programming period will be supported by the European Investment Bank’s loan of EUR 360 million. Growth-oriented investments will be financed under operational programmes targeting competitiveness, human capital and large-scale infrastructure, EIB said after the agreement was signed. The loan will focus on energy, environmental improvement, […]
Waste processing plant inaugurated near Sofia
A mechanical-biological treatment facility with a capacity of 410,000 tonnes of mixed waste per year was launched in the village of Yana in the Kremikovtsi administrative district of Bulgaria’s capital, Focus Information Agency reported. The project was carried out with the financial support of national Operational Programme Environment 2007–2013 and a EUR 33 million loan […]
Development banks adopt climate mitigation finance tracking
Several national and international development banks adopted common norms for tracking projects for the mitigation of climate change effects. Similar principles for tracking adaptation finance and leverage are being developed. The document was published on the Paris Climate Finance Forum. These institutions have been tracking climate finance for only a few years, and their methods […]
EIB approves EUR 70 million loan for SME projects in Montenegro
Investment and Development Fund (IRF) of Montenegro presented this year’s financial support and signed a contract with the European Investment Bank (EIB) for a EUR 70 million loan, part of which is intended for energy and environment. The event was attended by potential users of IRF’s loans, and Montenegrin prime minister Milo Đukanović told the audience […]
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