EBRD holds launch event for Green Economy Financing Facility in Serbia
The European Bank for Reconstruction and Development (EBRD) today hosted the launch event for the Green Economy Financing Facility (GEFF) in Serbia, the fourth and largest Western Balkan market where the GEFF, aimed at providing financing for energy efficiency improvements to households through a network of partner banks, has been rolled out to date. The […]
EPCG inks wind farm MoU with Austria’s Ivicom, feed-in tariffs not planned
Montenegro’s power utility Elektroprivreda Crne Gore (EPCG) and Austria-based Ivicom Holding have signed a memorandum of understanding (MoU) concerning the implementation of a project to build the Gvozd wind farm with a planned capacity of 50 MW, under an investment estimated at around EUR 70 million, EPCG has said in a press release. Financing for […]
Energy Wood III program has sparked interest for clean fuel in Montenegro
More than a half of the funds aimed for free loan project for purchase and installation of modern biomass heating systems – pellet and briquette – have been used in Montenegro so far, in the Energy Wood III phase. The Ministry of Economy of Montenegro, that provided funds in the amount EUR 85.000 for implementing […]
Montenegro secures funds for construction of wastewater treatment plant in its capital
Montenegro has secured most of the needed funds for the construction of a wastewater treatment plant in Podgorica, worth EUR 50 million. The international tender for the construction of the plant is expected to be published in the first quarter of 2018. Two loan agreements has been today signed between the Government of Montenegro and […]
EBRD providing energy efficiency loans to UniCredit in Bosnia and Herzegovina
The European Bank for Reconstruction and Development (EBRD) is giving two loans in support of housing energy efficiency projects to the Unicredit Bank in Bosnia and Herzegovina. The total amount of the loans is EUR 12 million. The money will be lent for projects in line with the EBRD Green Economy Transition (GET), the EBRD […]