EPCG is negotiating with EBRD loan for Gvozd wind farm
Power utility Elektroprivreda Crne Gore (EPCG) is negotiating a loan with the European Bank for Reconstruction and Development (EBRD) to finance the construction of the Gvozd wind farm. At the beginning of September last year, shareholders of EPCG approved the investment in the construction of the 54.6 MW Gvozd wind farm with Austria’s Ivicom Holding. […]
Kosovo* secures additional EUR 11 million for wastewater treatment plant
The Municipality of Gjilan/Gnjilane in Kosovo* has secured another EUR 11 million from the European Investment Bank (EIB) for a wastewater treatment plant. With the loan, the total amount approved for the project is EUR 24.1 million. The investment will improve wastewater management and provide affordable access to water and wastewater services for more than […]
Sarajevo Canton to take out loan for energy efficiency in 40 public buildings
The Sarajevo Canton government has approved taking out an EUR 8 million loan and accepting a EUR 2 million grant for an energy efficiency project in public buildings. The funds will go towards a project called “Energy efficiency in public buildings of the Sarajevo Canton,” whose aim is to improve energy efficiency in about 40 […]
Beo Čista Energija starts drawing EUR 290 million loan for Vinča landfill project
Beo Čista Energija, the joint-venture for the implementation of Belgrade’s Vinča landfill project, has achieved financial close for a EUR 290 million loan to build and operate a 103 MW energy-from-waste facility and a demolition waste recycling unit, allowing the closure of one of the largest dumpsites still active in Europe. The company formed by […]
Electricity bill collection rate drops up to 30%, utilites ask for loans
The drop in the electricity bill collection rate ranged from 10% to 30% in March in most of the contracting parties of Energy Community, with Kosovo* and North Macedonia being the most affected, while data for this month show a further sharp decline. In the meantime, state power utilities in Albania, Montenegro, and Serbia are […]
Credit Agricole Serbia, KfW secure EUR 25 million for loans for energy efficiency, renewables
Credit Agricole Serbia has signed a EUR 25 million loan agreement with KfW bank to finance projects in energy efficiency and renewable energy sources. Entrepreneurs, small and medium-sized businesses as well as agricultural producers will have the opportunity to get grants and free assistance from technical consultants who assess the feasibility and cost effectiveness of […]
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, […]
BiH to open talks on EUR 15 million KfW loan for PHE Čapljina modernization
The Council of Ministers of Bosnia and Herzegovina has accepted a proposal by the Ministry of Finance and Treasury to open negotiations with the German development bank KfW on a EUR 15 million loan for a project to modernize pumped-storage hydropower plant PHE Čapljina. PHE Čapljina, which operates as part of public power utility Elektroprivreda […]