Sarajevo gets EUR 35 million in loans for greener public transport
The Ministry of Finance and Treasury of Bosnia and Herzegovina and the EBRD have signed two loan agreements supported under the lender’s Green Cities program for public transport in Sarajevo. The investments will help Sarajevo, one of the cities that have the most polluted air not only in the region but in the entire world, […]
Register for Trebinje Energy Summit – SET 2020
Power utility Elektroprivreda Republike Srpske (ERS), the City of Trebinje and SET Trebinje, which are organizing Trebinje Energy Summit – SET 2020, have announced that the event will bring together a large number of decision makers from governments and energy companies from the region, as well as from international financial institutions. The summit will have […]
EBRD lends EUR 58 million for Bajgora – Kosovo’s* biggest wind farm
Israeli-based Enlight Renewable Energy Ltd. secured half of the total required financing for its 105 MW Bajgora wind park in the municipality of Mitrovica. The European Bank for Reconstruction and Development provided the backing in the form of a credit facility for what will be the biggest such facility in Kosovo*. The EUR 58 million […]
EBRD, GCF roll out climate finance line for Serbia’s UniCredit Leasing
The European Bank for Reconstruction and Development said its cooperation with Green Climate Fund and the government of Luxembourg resulted in support for small and medium-sized enterprises (SMEs) in Serbia. Namely, EBRD revealed they secured EUR 20 million for climate mitigation and resilience projects through UniCredit Leasing Srbija Doo. The provider of financial services is […]
Public call for local projects near wind park Kovačica to expire on Dec. 15
Electrawinds K-Wind Doo is preparing to analyze applications by nonprofits from Kovačica, in a rare program for local support. The operator of the largest wind park in Serbia, located north of capital Belgrade, is granting as much as EUR 5,000 per project. Organizations active in the municipality can fill the form by December 15 for […]
EIB adopts new energy lending policy, to stop financing fossil fuel projects from end-2021
The European Investment Bank’s (EIB) Board of Directors has agreed on a new energy lending policy which envisages that the bank will stop financing fossil fuel projects from the end of 2021. The EIB will no longer consider new financing for unabated, fossil fuel energy projects, including gas, from the end of 2021 onwards, the […]
Power utility ERS to borrow EUR 307 million for new renewable energy power plants
The Government of Republika Srpska intends to provide state guarantees for loans worth BAM 600 million (about EUR 307 million) for power utility Elektroprivreda Republike Srpske (ERS) to invest in renewable energy power plants and overhaul coal-fired power plants. The Republika Srpska parliament has adopted a decision on the value of state guarantees that the […]
EPCG’s new investment cycle focuses on portfolio diversification, hydropower projects
A Belgrade consortium comprising engineering firm Energoprojekt Hidroinženjering and water management institute Jaroslav Černi has been selected to produce a conceptual design for hydropower plant (HPP) Komarnica, and has already prepared an environmentally acceptable technical solution, which paves the way for the construction of the power plant following decades of research, Igor Noveljić, CEO of […]