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 […]
Black Sea Oil & Gas SA (“BSOG”), alongside its shareholders, global investment firm Carlyle (NASDAQ: CG) and the European Bank for Reconstruction and Development (“EBRD”), announces that it has launched BSOG Energy SRL, a new company focused on developing Biogas production plants across Romania. Headquartered in Bucharest, Romania, BSOG Energy will develop Biogas plants across […]
Photon Energy N.V. announces that it has signed a senior secured loan agreement in the amount of up to EUR 15 million with European Bank for Reconstruction and Development (“EBRD”). The signing of the agreement represents the Group’s second project financing of European PV assets that operate on a merchant basis, selling energy to the […]
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