IFC, Unicredit, FMO and GGF provide loans for Elicio’s Alibunar wind farm
International Financial Corporation (IFC), a member of the World Bank Group, will support the construction of Elicio’s Alibunar wind farm in Serbia with EUR 19,1 million loan. The IFC announced that the Unicredit Bank, Netherlands Development Finance Company (FMO) and Green for Growth Fund (GGF) have agreed to provide loans worth EUR 40 million for […]
Energy Community Secretariat : WB6 countries making progress in sustainability
The six Western Balkans (WB6) countries have achieved progress in a number of measures of the Sustainability Charter, but there is also room for improvement, the Energy Community Secretariat assessed in its “WB6 Sustainability Charter Monitoring Report”. The six Western Balkans countries, Albania, Bosnia and Herzegovina, Kosovo*, Macedonia, Montenegro and Serbia, signed a Sustainability Charter […]
VIDEO – Perspective: GGF committed to financing green energy portfolio in the Balkans by Carrie Walczak
The development of renewable energy programs in the region has been slower than it was anticipated and governments need to take certain steps, primarily related to the regulatory framework, in order to encourage further progress of the sector. The Green for Growth Fund (GGF) can offer support for worthy projects to overcome obstacles in project […]
Two-day forum with experts on sustainable energy
EEL Events gathered players from the energy industry at the 8th Balkan Energy Finance Forum (BEFF 2015) to discuss the future of the sector in Southeastern Europe. Main topics were the bankability of projects of energy and green energy projects in relation to risks. Case studies were presented about endeavours in several branches, with views […]
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 […]