Enerjisa Uretim secures EUR 650 million to invest in wind farms
Turkey-based power utility Enerjisa Uretim has secured a EUR 650 million loan for renewable energy investments and reducing debt. The loan has been provided by seven banks: Akbank, Garanti BBVA, Türkiye İş Bankası, HSBC, ING, TEB and İşbank AG. The company has won an opportunity to install wind farms on the YEKA tender İhsan Erbil […]
EBRD set to lend up to EUR 5 million for energy efficiency in Niš residential buildings
The European Bank for Reconstruction and Development is considering a loan of up to EUR 5 million to finance the implementation of energy efficiency measures in up to 40 residential buildings connected to the district heating network in the Serbian city of Niš. The planned measures in the multi-story residential buildings include insulation and the […]
EVN, ProCredit Bank offer installation of PV systems for companies
Power distribution company EVN and ProCredit Bank have created an offer for business consumers interested in the installation of photovoltaic systems. Use of renewable energy can lower businesses’ electricity bills, and help in reducing CO2 emissions. Companies will be able to use ProCredit bank’s loans in order to finance the PV systems provided by EVN. […]
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 […]
