GGF funds energy efficiency measures in Turkey with EUR 15 million
The Green for Growth Fund (GGF) has agreed to lend EUR 15 million to Turkey’s Garanti Leasing to foster investments in energy efficiency and renewable energy equipment by Turkish micro, small, and medium enterprises (MSMEs). Energy efficiency measures financed with the GGF loan are expected to achieve annual primary energy savings of approximately 61.000 MWh […]
GGF partners with AFK to support green financing in Kosovo*
Green for Growth Fund (GGF) enters its 14th market by providing EUR 1 million for energy efficiency implementation in Kosovo*. The Green for Growth Fund (GGF) announced a EUR 1 million senior loan to Agency for Finance in Kosovo* (AFK) in a deal that further expands and diversifies the fund’s geographic and operational scope with […]
GGF enhances support to Yapı Kredi Leasing
A third senior loan was approved for Turkey’s Yapı Kredi Leasing by the Green for Growth Fund, Southeast Europe (GGF). The institution said it set EUR 20 million for the company’s financing programme for renewable energy production and energy efficient machinery. The subsidiary of Yapı Kredi Bankası holds a strong energy efficiency lending portfolio and […]
GGF boosts Ohridska banka’s green lending portfolio
The Green for Growth Fund, Southeast Europe (GGF) is providing EUR 4 million in funding to Ohridska banka, part of Société Générale Group. Macedonia imports over 40 percent of its primary energy; almost 80 percent of the electricity generated domestically stems from fossil sources, mainly coal, two institutions said. Ohridska has recognized the importance of […]
