European Bank for Reconstruction and Development
New Initiative Dedicated to Supporting Coal Regions in Transition in Western Balkans and Ukraine Launched
The Energy Community Secretariat is delighted to announce the launch of a new platform to support coal regions in transition in the Western Balkans and Ukraine. The Platform Initiative will support coal regions in transition through knowledge exchange, peer-to-peer learning…
Aiming for Healthier and Greener Belgrade
If all the citizens of Belgrade, as their Mayor, walked every day, used public transport more, and planted some trees when the opportunity arises, perhaps our capital would already be a bit cleaner and the air healthier. Of course, to…
Ukraine to Build Its Largest Ever Wind Farm
Ukraine is to build its largest ever wind farm. The European Bank for Reconstruction and Development (EBRD) has issued a loan of €150 million (£130m) to the country for the construction. Upon completion, the 250MW project will generate enough renewable…
More than 30,000 Ukrainian Homes Go Energy Efficient
More than 30,000 Ukrainian households have benefitted from the European Bank for Reconstruction and Development’s (EBRD) energy efficiency programme. The Residential Energy Efficiency Financing Facility has now invested a total of UAH1 billion (£27m) into energy-efficient home improvements – this…
Croatian Firm Lent €130m for Efficient Heat and Power Units
A Croatian energy company has been granted loans totalling €130 million (£116m) for new electricity and heat co-generation units. HEP will replace outdated oil and gas-fired turbines and boilers with modern, efficient and environmentally friendly systems in the capital city…
Thomas LUBECK, IFC: Tailwinds to the Financial Market
International Finance Corporation – IFC, one of the five members of the World Bank Group, is the world’s largest institution that encourages economic development by investing in the private sector in emerging markets. Serbia became a shareholder and a member…
ENGIE To Develop 55 Megawatt Mongolian Wind Farm With EIB Investment
French utility ENGIE has announced that it will develop and operate its first renewable energy project in Mongolia, the 55-megawatt Sainshand wind farm, which will also benefit from $120 million in financing from the European Investment Bank. Normally there’s a…