Tag Archives: European Bank for Reconstruction and Development

EBRD backs Scandagra’s sustainable farming strategy with InvestEU-supported loan in Estonia, Latvia and Lithuania

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has extended a €30 million sustainability-linked loan to Scandagra Group, backed by an InvestEU guarantee, to support the agribusiness company’s operations in Estonia, Latvia and Lithuania. The financing will fund … Read the full press release

Kazakhstan’s maritime gateway set for major upgrade through €45 million EBRD-EU financing package

(IN BRIEF) The EBRD is providing €35 million in financing to modernise Kazakhstan’s port of Aktau, with up to €10 million in additional support expected from the EU, creating a total package of €45 million. The funds will extend berths … Read the full press release

EBRD sells 1 million GDRs in NLB while maintaining long-term commitment to Slovenia’s leading bank

(IN BRIEF) The EBRD has reduced its shareholding in Nova Ljubljanska banka by 1 per cent through the sale of 1 million GDRs on the London Stock Exchange, retaining a 5.125 per cent stake and remaining one of the bank’s … Read the full press release

Maya Hennerkes appointed Managing Director of Environment and Sustainability at the EBRD, succeeding Henrik Linders

(IN BRIEF) The European Bank for Reconstruction and Development has appointed Maya Hennerkes as Managing Director of its Environment and Sustainability Department, effective 15 September 2025. Hennerkes, who succeeds Henrik Linders, has been instrumental in shaping the EBRD’s sustainable finance … Read the full press release

EBRD and Egypt launch €10 million facility to advance sustainable PPP infrastructure projects

(IN BRIEF) The EBRD, in collaboration with Egypt’s Ministry of Finance and supported by the Ministry of Planning, Economic Development and International Cooperation, has launched the €10 million Egypt Project Preparation Facility to accelerate the development of bankable public-private partnership … Read the full press release

New EBRD-EU Green Economy Financing Facility to strengthen sustainable private-sector growth and household energy solutions in the West Bank

(IN BRIEF) The EBRD and EU have launched the Green Economy Financing Facility (GEFF) in the West Bank, providing up to €25.9 million in loans to local financial institutions to support on-lending for small-scale renewable energy and efficiency projects. Backed … Read the full press release

EBRD exits Bank of Cyprus with sale of remaining 5 per cent stake after decade of support

(IN BRIEF) The European Bank for Reconstruction and Development has sold its entire 5 per cent holding in the Bank of Cyprus, amounting to over 22.4 million shares, through an accelerated bookbuild on the Athens Stock Exchange. The EBRD first … Read the full press release

NIB and NORD/LB Finance Green Genius’ 182 MWp Solar Projects in Lithuania with Battery Storage Integration

(IN BRIEF) NIB and NORD/LB will provide up to EUR 64 million to finance two 91 MWp solar parks in Izabelinė and Lieponys, Lithuania, developed by Green Genius. Supported by the InvestEU programme, the projects include an 18 MW battery … Read the full press release

EBRD Backs New Polish Private Equity Fund with €20 Million to Boost Tech-Driven SMEs in Central and Eastern Europe

(IN BRIEF) The EBRD has invested €20 million in the newly launched Spire Capital Partners Fund I, helping the Polish-based fund reach its €90 million target and focus on tech-enabled SMEs in Poland and central and eastern Europe. The fund … Read the full press release

EBRD Supports Growth of Azerbaijan’s Saloğlu with US$ 7 Million Local Currency Loan for Facility and Retail Upgrades

(IN BRIEF) The EBRD is lending the equivalent of US$ 7 million in local currency to Azerbaijani furniture maker Saloğlu to finance new equipment for its Agstafa plant and upgrades to its retail network. Established in 2000, Saloğlu produces a … Read the full press release

Sunly Secures €85 Million to Develop Four 329 MW Solar Parks in Latvia

(IN BRIEF) Sunly will build four solar parks in Latvia totaling 329 MW capacity—54 MW in Valmiera, 90 MW in Krāslava, 81 MW in Madona, and 104 MW in Saldus—using €85 million in loans from EIB, EBRD, and SEB. Completion … Read the full press release

EIB and EBRD Strengthen Partnership with New Mutual Reliance Agreement to Streamline Project Financing

(IN BRIEF) The EIB and EBRD have taken a significant step forward in their partnership by signing a Mutual Reliance Agreement, which aims to reduce administrative burdens, improve project financing efficiency, and ensure the highest environmental and social standards in … Read the full press release

Greg Guyett Appointed as EBRD’s New First Vice President and Head of Client Services Group

(IN BRIEF) Greg Guyett has been appointed as the new First Vice President and Head of the Client Services Group at the European Bank for Reconstruction and Development (EBRD), starting September 1, 2025. He will succeed Jürgen Rigterink and lead … Read the full press release

EBRD Provides €35 Million Loan to Support Montenegro’s Energy Infrastructure Upgrade with SCADA, ADMS, and Smart Meters

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a €35 million loan to Crnogorski Elektrodistributivni Sistem (CEDIS) to enhance Montenegro’s energy infrastructure. The funding will be used to introduce advanced SCADA and ADMS systems, along with … Read the full press release

EBRD Partners with Bank Millennium for €66 Million Synthetic Securitisation Deal to Boost Lending and Support Green Projects

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has signed a €66 million synthetic securitisation deal with Bank Millennium in Poland, marking the EBRD’s second capital relief transaction in the country. This deal will help Bank Millennium strengthen … Read the full press release

EIB Grants €4.7 Million for Hrybovychi Landfill Reclamation Project in Lviv

(IN BRIEF) The European Investment Bank (EIB) has granted a €4.7 million EU-backed loan to support the reclamation of the Hrybovychi landfill in Lviv, Ukraine. This funding will help improve waste management infrastructure, address environmental hazards, and transform the landfill … Read the full press release

Global Development Banks Unite to Tackle Gender-Based Violence and Empower Women Worldwide

(IN BRIEF) On the International Day for the Elimination of Violence Against Women, ten major development banks, including the World Bank Group and the European Investment Bank, issued a joint statement reaffirming their commitment to combat gender-based violence (GBV). They … Read the full press release

European Bank for Reconstruction and Development Appoints Angeliki Kalligiannaki as New Head of Greece

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has appointed Angeliki Kalligiannaki as its new Head of Greece, starting 1 September. Kalligiannaki, who has been with the EBRD since 2013, will replace Andreea Moraru. She has played a … Read the full press release

AFRY Advocates Collaborative Efforts for Ukraine’s Reconstruction at ReBuild Ukraine Conference

(IN BRIEF) Global engineering and advisory firm AFRY recently participated in the 3rd International exhibition and conference ReBuild Ukraine powered by Energy in Warsaw, Poland. During the event, AFRY emphasized the need for collaborative efforts across sectors to facilitate Ukraine’s … Read the full press release

EBRD and EIB’s Gjilan Wastewater Project in Kosovo Receives €2.5 Million Grant from WBIF

(IN BRIEF) The Gjilan wastewater development project in Kosovo, co-financed by the EBRD and EIB, has received a €2.5 million grant from bilateral donors through the WBIF. The funds will be used for constructing a wastewater treatment plant and extending … Read the full press release