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EBRD
Modernization of Montenegro’s Power Grid with EBRD Support
The European Bank for Reconstruction and Development (EBRD), which has been present in Montenegro since 2006, will provide the Montenegrin Electricity Distribution System (CEDIS) with a 35 million euros loan to support the modernization and digitalization of Montenegro’s power grid.…
EBRD lends up to 105 million euros to Serbia to decarbonise district heating
The European Bank for Reconstruction and Development (EBRD) is providing a sovereign loan of up to 105 million euros to Serbia, through the Ministry of Finance, to benefit Novosadska Toplana Novi Sad, the district heating company of Novi Sad. The…
EBRD Supports the Largest Onshore Wind Project in Africa
The European Bank for Reconstruction and Development (EBRD) is promoting renewable energy and low‑carbon technologies in Egypt by arranging a syndicated loan worth 275 million USD for the construction and operation of the largest wind farm in Africa. The 275…
EBRD and EU Launch SME Go Green Programme in Serbia
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are stepping up their support for green economy investments in Serbia. The EBRD, with the support of the EU, is launching a new credit line to local…
Backing Romania’s Green Ambition with 110 Million Euros Finance Package
The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International are providing a 110 million euros financing package to build and operate two solar photovoltaic power plants in south-eastern Romania, with a total installed capacity of around 300…
Montenegro Adopts Law on the Use of Renewable Energy Sources
Montenegro has adopted the Law on the Use of Renewable Energy Sources, marking a significant step towards improving the sustainability of its energy sector. This first such law in the country introduces a new framework for encouraging investments in the…
EBRD Lends up to EUR 30 Million to Željeznički Prevoz Crne Gore a.d.
The European Bank for Reconstruction and Development (EBRD) is providing a senior loan of up to EUR 30 million to Željeznički Prevoz Crne Gore a.d. (ZPCG), the passenger train operator in Montenegro. The loan, which will be guaranteed by the…