EU/ERBD News
The EBRD is advancing the green energy transition in Poland by supporting Qair’s portfolio of almost 200 MW of renewable energy with five loans totalling PLN 280 million (approximately €63 million equivalent). BNP Paribas is also providing project finance lending to the portfolio on a parallel basis. The portfolio includes the construction under...
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The European Bank for Reconstruction and Development (EBRD), after investing over €4.5 billion, is now the leading investor in renewable energy. The EBRD has worked on such projects since 2006 and has now become the leader in every single market in which operates. This comes as just two years ago, investment in renewable energy even surpassed that of thermal...
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A ‘Memorandum of Understanding’ has been signed by the World Green Building Council (WGBC) and the European Bank for Reconstruction and Development (EBRD) as the two look to work together on a number of projects. The agreement will see both parties support the development of sustainable properties as well as a strong focus on the efficiency of both...
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Monday 25th April saw a meeting between representatives of the Board of Directors of the European Bank for Reconstruction and Development (EBRD) and Polish government officials. Representatives from civil society and a number of businesses were also in attendance as part of an EBRD tour that will reach a number of locations including Pulawy and Bielsk Podlaski....
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A €5.5 million loan has been announced by the European Bank for Reconstruction and Development (EBRD) which is set to see a new waste management system in Armenia. Kotayk and Gegharkunik are to be the regions to benefit from the the modern solutions. Armenia’s Minster of Finance, Gagik Khachatryan, signed the agreement in Yerevan last week. The original...
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Kobuleti received some welcome news this week as the European Bank for Reconstruction and Development has announced their support in a new wastewater system and has set aside €2.2 million to finance the project. Kobuleti, a resort town in Georgia, has been enjoying an increase in tourism over the last few years with visitors from the area as well as the...
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Micro, small and medium enterprises (MSMEs) are soon to benefit from a deal between the European Bank for Reconstruction and Development (EBRD) and Raiffeisenbank Austria (RBA). The deal, signed in Zagreb at a Deloitte arranged event, is set to see the EBRD loan up to €20 million to Raiffeisen to be used to help support the MSMEs with a particular focus...
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The European Bank for Reconstruction and Development (EBRD) has provided SPV Plava Voda, a water company that services five municipalities in Bosnia and Herzegovina including; Zenica and Novi Travnik, with a loan of just under €11 million. This reads as good news for some quarter of a million citizens as two central cantons are planned to be improved. The...
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The EBRD’s stance towards reducing our carbon footprint remains a strong one as their investments into such programs remain as high as ever. They continue to work hard on cutting energy waste and increasing production of clean energy in countries that are three-times more energy intensive than the EU average. In total, over the last ten years, the EBRD...
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EPS, a state-owned electric utility power company in Serbia, has received the welcome news that it will receive a €200 million loan from the European Bank for Reconstruction and Development (EBRD).The loan is to help the company as they continue to recover from the Balkan floods in 2014, which caused horrendous damage. EPS, whose head office is in Belgrade,...
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