The European Bank for Reconstruction and Development (EBRD) is providing a USD $65 million loan to Türkiye’s Polat Enerji to finance the development and construction of a 77 megawatt (MW) hybrid solar and wind power facility in Türkiye. Funding for the project also includes a concessional loan of up to US$ 5 million from the Clean […]
The European Bank for Reconstruction and Development (EBRD) is lending €180 million to Ukrainian Railways (Ukrzaliznytsia, or UZ) to install small-scale generators at sites around the country, aiming to mitigate the widespread electricity shortages Ukraine expects this winter as a result of devastating Russian attacks this year on its power generation system. The loan will […]
The European Bank for Reconstruction and Development (EBRD) intends to support the design and implementation of future renewable energy auctions in Romania, according to a Memorandum of Understanding signed today by the country’s Energy Minister Sebastian Burduja and EBRD Head of Romania Victoria Zinchuk. Supported by the EBRD, in September Romania opened the first auction […]
The European Bank for Reconstruction and Development (EBRD) is providing a €100 million loan to Türkiye’s Türkiye Sinai Kalkinma Bankasi (TSKB) for on-lending to sub-borrowers that will invest in energy efficiency, renewable energy and climate-resilience measures. The loan comes under the EBRD’s Türkiye Green Economy Financing Facility II (GEFF II), which aims to build on […]
The European Bank for Reconstruction and Development (EBRD) is providing a €25 million loan to Türkiye’s QNB Finansleasing for on-lending to sub-borrowers implementing green economy investments for energy-efficiency, renewable-energy and climate-resilience measures. The loan to QNB Finansleasing comes under the Türkiye Green Economy Financing Facility II (GEFF II), which aims to build on the success […]
The European Bank for Reconstruction and Development (EBRD) is helping to decarbonise Mongolia’s construction sector and introduce new standards for sustainable office buildings by financing the refurbishment of the headquarters of Shunkhlai Holding, one of the country’s most prominent business groups. The EBRD loan of up to MNT 90 billion (equivalent to €24.6 million) will […]
The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of renewable energy developer Green Genius with an equity investment of €100 million. Once approved by the competition authorities in the relevant countries, the EBRD will become a minority shareholder in the company. The proceeds will support the firm’s European growth strategy, which […]
The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International are providing a €110 million financing package to build and operate two solar photovoltaic power plants in south-eastern Romania, with a total installed capacity of around 300 MW. The Iepuresti and Ghimpati projects mark the growing confidence in Romania’s renewables market in the […]
The European Bank for Reconstruction and Development (EBRD) is providing a €25.1 million loan to Elektroprivreda Bosne i Hercegovine (EPBiH), the largest public electricity generation and distribution utility in Bosnia and Herzegovina, to develop and construct a 50 MWp solar power plant on a former coal ash landfill site. In addition to its own financing, […]
The European Bank for Reconstruction and Development (EBRD) is lending €20 million to European charge point operator Allego to finance the construction of EV charging stations in Poland. The EBRD financing will enable Allego to benefit from support from the CEF-Transport Alternative Fuels Infrastructure Facility in decarbonising the Trans-European Transport Network. Allego, which owns and operates […]
The Board of Directors of the European Bank for Reconstruction and Development (EBRD) has approved its new country strategy for Poland for 2024-29. The strategy sets out the Bank’s three priorities in the country for the next five years, namely: To accelerate Poland’s green transition, the Bank will continue to support the scaling up of […]
The European Bank for Reconstruction and Development (EBRD) is providing a sovereign-guaranteed loan of up to €28 million to Crnogorski Elektroprenosni Sistem (CGES) for the upgrade of the electrical substation Brezna in north-western Montenegro. The project is highly significant as it will allow to integrate 400 MW of renewable energy into the national grid, […]
The EBRD is lending the equivalent of €100 million in Romanian lei (RON 500 million) to distribution subsidiaries of Public Power Corporation SA, operating in South-Eastern and Western Romania, part of a RON 1 billion (€200 million) syndicated loan alongside three local lenders to modernise and digitalise the electricity distribution networks, making them better able […]
The European Bank for Reconstruction and Development (EBRD) is lending €32 million, as part of a €291 million financing package, to build and operate a 192 MW onshore wind farm in Romania, the first phase of a large wind farm with total capacity of 461 MW to be built in Buzau region in the southeast of […]
Popular Articles
