Energy | 22 May, 2024 at 8:00 AM
EBRD to finance solar power plant in Tunisia
The European Bank for Reconstruction and Development (EBRD) financed a 10 MW solar power plant in the Feriana region, Tunisia.
The European Bank for Reconstruction and Development (EBRD) financed a 10 MW solar power plant in the Feriana region, Tunisia.
EBRD has allocated a €15 million loan to Photon Energy NV (Photon), a prominent regional producer of renewable energy, to bolster its operations in Romania and Poland.
Kinstellar advised BIG Mega Renewable Energy on securing a €92 million financing deal with EBRD and OTP Bank for the construction and operation of the Urleasca wind farm in Romania.
EBRD provided a €10 million loan for the acquisition of cutting-edge trams, aligning with Sarajevo's vision for a greener public transit system.
The European Bank for Reconstruction and Development (EBRD) is extending a loan exceeding €46 million as part of a broader financing package totaling €93 million.
This loan, aimed at corporates and small and medium-sized enterprises (SMEs), will facilitate investments in eco-friendly initiatives.
EBRD and the World Bank Group have entered into a memorandum of understanding (MOU) to strengthen their collaboration and effectively address global challenges together.
EBRD provided backing for the expansion endeavors of Feka Automotive, a Serbian company specializing in automotive lighting.
EBRD has approved a financing package totaling €91.4 million for the establishment of a new wind farm in Serbia.
EBRD and EU have allocated nearly €500,000 in grants to ten Ukrainian firms, aimed at fostering the development and implementation of innovative, climate-friendly technologies.
EBRD backed energy efficiency initiatives in residential areas of Vilnius, Lithuania, by investing in Šiaulių Bank's energy efficiency fund.
EBRD is providing a €7 million loan to UniCredit Bank dd Mostar in Bosnia and Herzegovina through the multi-donor Green Economy Financing Facility (GEFF) for the Western Balkans.
EBRD and French asset manager Eiffel Investment Group supported solar energy development in Poland.
EBRD has approved a €6 million loan for KAM, a leading food retailer in North Macedonia.
EBRD will guarantee up to €25 million for a loan provided by UniCredit Bulbank to the Tsenovo solar plant in Bulgaria.
EBRD invested €35 million in a green bond issued by Erste & Steiermärkische Bank (ESB), the Croatian subsidiary of Austria's Erste Group Bank AG.
The European Bank for Reconstruction and Development (EBRD) aims to foster a sustainable and inclusive mining sector in Greece with an equity investment of €56 million in Eldorado Gold Corporation. The strategic investment will support the development of the Skouries copper and gold mine in Greece, which is operated by Hellas Gold SA, Eldorado's wholly-owned subsidiary.
The banking sector has a very important role in promoting the green economy by providing green loans and sustainable support.
Fepra will invest €15 million by 2030 to develop the circular economy in Romania, based on a complex sustainable development strategy developed in partnership with the European Bank for Reconstruction and Development (EBRD). The company's objectives are to further expand the range of services and products, broaden its areas of expertise and develop the new waste collection, recycling, as well as reuse capabilities.
More than €1.1 billion in finance to be mobilised in sustainable projects, supported by €150 million in InvestEU guarantees. Under the InvestEU programme, the European Bank for Reconstruction and Development (EBRD) and European Commission work together to help various EU countries in reaching their full green potential. New investments to boost green and sustainable projects in the municipal, transport, and energy sectors. Funds to benefit Bulgaria, Croatia, Czechia, Estonia, Greece, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, and Slovenia
Poland has announced that its first offshore wind auction will take place in December 2025, aiming to award contracts for up to 4 GW of new capacity. I
EDP, through EDP Renewables, a global leader in the development of renewable energy, has inaugurated the Albina photovoltaic power plant – an important step for the company.
Auchan Romania is expanding its options for collecting beverage containers made of PET, aluminum, and glass marked with the DRS (Deposit Return System) symbol by introducing an innovative system uniquely capable of accepting all three types of packaging in bulk, without requiring prior separation by the consumer.
The European Commission has adopted a new European Ocean Pact, a bold initiative aimed at protecting marine ecosystems while fostering a sustainable blue economy and supporting the well-being of coastal communities.
Cristian Barbu, a pioneer in Romania's renewable energy sector, is returning with a new focus: energy storage.
