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 […]
Procredit Bank Macedonia secures EUR 1 million to finance energy efficiency in households
Procredit Bank Macedonia has secured a EUR 1 million loan from the EBRD for financing energy efficiency improvements of residential buildings, in order to help homeowners reduce greenhouse gas (GHG) emissions and improve the quality of life. Procredit Bank Macedonia will on-lend funds to local households, housing associations and service providers planning to invest in […]
EBRD approves EUR 72.25 million loan for Belgrade’s Vinča landfill project
The European Bank for Reconstruction and Development (EBRD) has approved a EUR 72.25 million loan for the Belgrade’s Vinča landfill project, while arranging a syndicated loan of EUR 35 million for the account of participants. The Bank will also mobilize EUR 21 million in concessional finance funded by TaiwanICDF. The EBRD financing will be part […]
EPCG, KfW ink EUR 33 million loan for Phase II of HPP Perućica’s reconstruction
Montenegro’s state power utility Elektroprivreda Crne Gore (EPCG) has signed a EUR 33 million loan agreement with German development bank KfW for Phase II of a project to overhaul and modernize the Perućica hydropower plant (HPP), the country’s oldest. The loan agreement for the second phase of HPP Perućica’s reconstruction and modernization was signed by […]
Syndicated loan for Green Group signals stronger backing for sustainable economy
Green Group, which gathers six Romanian companies specialized in waste collection and recycling companies, has secured Romania’s first syndicated loan signaling the local banking sector’s more significant involvement in the circular economy, local media reported. Green Group will use the EUR 66 million loan to refinance its outstanding loans and finance new projects and development […]
TENDERING: Šabac district heating operator seeks heat insulation of 40 residential buildings
The Šabac district heating operator, Toplana-Šabac, has invited bids to execute works on energy efficiency measures including heat insulation, thermostatic valves, and heat allocators. The works on the thermo-insulation of 40 multi-storey residential buildings in Šabac in western Serbia will be financed with a EUR 2.5 million loan from the European Bank for Reconstruction and […]
