(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
Posted in Banks, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Investment, Lithuania, News, Technology
Tagged battery energy storage, BESS, clean energy transition, CO2 reduction, EBRD, energy diversification, energy transition, European Bank for Reconstruction and Development, European Green Deal, Green Genius, Ignalina municipality, InvestEU, Izabelinė, Lieponys, Lithuania, NIB, NORD/LB, Nordic Investment Bank, Photovoltaic, PV capacity, renewable energy financing, renewable energy projects, solar energy, sustainable infrastructure, Trakai district, utility-scale solar
(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
Posted in Banks, Financial, Industrial, Infrastructure & Utilities, Poland, Small Business, Transportation & Logistics
Tagged Alternative Financing, Andreea Moraru, Anne Fossemalle, Arkadiusz Podziewski, Central and Eastern Europe, E-Commerce, EBRD, equity investment, European Bank for Reconstruction and Development, Poland, private equity, private equity ecosystem, SME financing, SMEs, software, Spire Capital Partners, Spire Capital Partners Fund I, technology-enabled services
(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
Posted in Banks, Business, Economy, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Retail, Small Business, Technology, United Kingdom
Tagged Agstafa production facility, Azerbaijan investment projects, Azerbaijani furniture manufacturer, Baku warehouse, EBRD, economic diversification, EU funding, European Bank for Reconstruction and Development, furniture retailer, international furniture brands, local currency loan, partnership, private sector development, retail store refurbishment, Saloğlu, small business advisory, Small Business Impact Fund
(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
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Latvia, Luxembourg, Management, Marketing, News, Technology, United Kingdom
Tagged 329 MW, Barkava, battery storage systems, Climate Action, Dagda, EBRD, EIB, energy security, European Bank for Reconstruction and Development, European Investment Bank, Grzegorz Zieliński, hybrid renewable energy, Ints Krasts, InvestEU, Latvia, Matīši, non-recourse financing, partnership, SEB, solar parks, Sunly, sustainability, Thomas Östros, Toms Nāburgs, wind integration, Zirņi
(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
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, News, United Kingdom
Tagged administrative efficiency, development financing, EBRD, EIB, environmental and social standards, European Bank for Reconstruction and Development, European Investment Bank, G20 Roadmap, Global Development, Multilateral Development Banks, Mutual Reliance Agreement, partnership, procurement agreements, project financing
(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
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged advisory, appointment, BANKING, Client Services Group, EBRD, European Bank for Reconstruction and Development, First Vice President, global markets, Greg Guyett, HSBC, J.P. Morgan, Jürgen Rigterink, leadership, market economies, Odile Renaud-Basso, policy activities, Strategic Priorities
(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
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Montenegro, News, Technology, United Kingdom
Tagged ADMS, CEDIS, competitiveness, Crnogorski Elektrodistributivni Sistem, Cybersecurity, digitalisation, EBRD, Elektroprivreda Crne Gore, Energy Community, energy efficiency, energy sector, energy transition, EPCG, EU, European Bank for Reconstruction and Development, funding, Green Energy, infrastructure upgrades, Montenegro, Operational Efficiency, partnership, Remon Zakaria, renewable energy, SCADA system, smart meters, sustainability, sustainable energy, technical losses, Vladimir Ivanović, Western Balkans Investment Framework
(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
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Poland, Small Business, United Kingdom
Tagged Bank Millennium, capital relief transaction, corporate loans, credit protection, EBRD, EBRD .Investment, energy efficiency, EU Capital Requirements Regulation, European Bank for Reconstruction and Development, financial resilience, GET criteria, Green Economy Transition, Green Projects, Lending Capacity, low-carbon economy, mezzanine tranche, partnership, Poland, Poland economy, private sector, renewable energy, risk management, risk-weighted asset relief, significant risk transfer, simple, small and medium-sized enterprises, SME, SRT, standardised, STS, sustainability, synthetic securitisation, transparent, €15.4 billion, €66 million
(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
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Ukraine
Tagged Andriy Sadovyi, drainage layer, EBRD, EIB, environmental challenges, Environmental Safety, EU environmental standards, EU-backed financing, European Bank for Reconstruction and Development, European Investment Bank, firefighting, green space, green zone, groundwater monitoring, Hrybovychi landfill, international partners, Lviv, Lviv city budget, Oleksii Kuleba, park area, partnership, perennial grasses, Phase I, Phase II, recreational area, rehabilitation, reservoir, soil covering, surface water treatment, sustainability, sustainable infrastructure, Teresa Czerwinska, Ukraine Municipal Infrastructure Programme, UMIP, Valdis Dombrovskis, waste management, waste management challenges, €6.04 million loan
(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
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News, Society
Tagged Asian Development Bank, Asian Infrastructure Investment Bank, Caribbean Development Bank, Council of Europe Development Bank, EIB, Empower Women Worldwide, European Bank for Reconstruction and Development, European Investment Bank, gender-based violence, Global Development Banks, Inter-American Development Bank, International Day for the Elimination of Violence Against Women, Islamic Development Bank, New Development Bank, partnership, society, World Bank Group
(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
(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
Posted in Construction, Industrial, Infrastructure & Utilities, Poland, Sweden, Ukraine
Tagged AFRY, EBRD, EIB, European Bank for Reconstruction and Development, European Investment Bank, Henrik Tegnér, NEFCO, Nordic Environment Finance Corporation, Oksana Shevchenko, Poland, ReBuild Ukraine, Volodymyr Zelenskyy, Warsaw, World Bank
(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
Posted in Banks, Financial, Industrial, Infrastructure & Utilities, Investment, United Kingdom
Tagged EBRD, EIB, European Bank for Reconstruction and Development, European Investment Bank, Gjilan wastewater, Hekuran Murati, Hidromorava, Johannes Stenbaek Madsen, Kosovo, Sergiy Maslichenko, sewerage network, wastewater, wastewater treatment plant, WBIF, Western Balkans Investment Framework
(IN BRIEF) Multilateral Development Banks (MDBs) including the AfDB, EBRD, EIB, IDB, and World Bank met at the World Circular Economy Forum (WCEF) 2023 in Helsinki to discuss the circular economy for the first time. They emphasized the role of … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, United Kingdom
Tagged AfDB, African Development Bank, circular economy, During the World Circular Economy Forum, EBRD, EIB, European Bank for Reconstruction and Development, European Investment Bank, IDB, Inter-American Development Bank, Marvin Nusseck, MDBs, Multilateral Development Banks, WCEF 2023, World Bank
(IN BRIEF) During the World Circular Economy Forum (WCEF) 2023, environment-focused directors from leading Multilateral Development Banks (MDBs) met to discuss the circular economy for the first time. The African Development Bank (AfDB), the European Bank for Reconstruction and Development … Read the full press release
Posted in Banks, Environment, Financial, Finland, Luxembourg, Management
Tagged AfDB, African Development Bank, biodiversity loss, circular economy transition, climate change, EBRD, EIB, European Bank for Reconstruction and Development, European Investment Bank, IDB, IDB Invest, Inter-American Development Bank, MDBs, Multilateral Development Banks, pollution, WCEF, World Bank, World Circular Economy Forum
Loan of €67.5 million to improve buildings’ energy performance by 40 per cent Second EBRD loan to VIPA scales up successful collaboration on greening buildings Lithuanian project aligns with broader EU climate ambition including Renovation Wave Strategy (PRESS RELEASE) LONDON, … Read the full press release
Posted in Banks, Construction, European Union, Financial, Infrastructure & Utilities, Investment, Lithuania, News, United Kingdom
Tagged ABRF, apartment building modernization, Apartment Building Renovation Fund, apartment buildings, climate objectives, conserve energy, decarbonisation, EBRD, ENERGY, energy efficiency, energy performance, European Bank for Reconstruction and Development, European Commission, European Green Deal, green bank, Green Economy Transition, Gvidas Dargužas, investment, Lithuania, Lithuanian Public Investment Development Agency, loan, multifamily apartment buildings, Nandita Parshad, old residential buildings, reduce carbon emissions, rehabilitation investments, renovation, Renovation of buildings, Renovation Wave Strategy, residential multi-apartment buildings, VIPA
RON-equivalent of €40 million to help build resilient electricity distribution network in Romania Digitalisation to lead to greater operational efficiency Smart grid will promote integration of renewable projects (PRESS RELEASE) LONDON, 2-Jul-2021 — /EuropaWire/ — European Bank for Reconstruction and … Read the full press release
Posted in Banks, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, News, Romania, Technology
Tagged Corina Popescu, deer, digital transformation, Distributie Energie Electrica Romania SA, distribution network, EBRD, Electrica Group, electricity distribution, European Bank for Reconstruction and Development, financing, green development bank, grid, loan, Mark Davis, renewable energy, renewable targets, Romania, SCADA, Valentin Branescu
(PRESS RELEASE) LONDON, 15-Jun-2021 — /EuropaWire/ — European Bank for Reconstruction and Development (EBRD) announces the appointment of Elisabetta Falcetti as the new Head in in central Europe and the Baltic states (CEB). EBRD President Odile Renaud-Basso has formally introduced … Read the full press release
Posted in Banks, Czech Republic, Estonia, Financial, Hungary, Investment, Latvia, Lithuania, Management, News, Poland, Slovakia, Slovenia
Tagged Baltic States, Baltics, CEB, central Europe, coronavirus pandemic, Czech Republic, EBRD, economic transition, economist, Elisabetta Falcetti, Estonia, European Bank for Reconstruction and Development, green transition, Grzegorz Zieliński, Hungary, investment, Latvia, Lithuania, Odile Renaud-Basso, Poland, Slovak Republic, Slovenia, sustainable, Warsaw
(PRESS RELEASE) LONDON, 9-Jun-2021 — /EuropaWire/ — New study published today by the Polish Green Building Council (PLGBC) in cooperation with the European Bank for Reconstruction and Development (EBRD) outlines how buildings play a crucial role in Poland’s effort to … Read the full press release
Posted in Banks, Construction, Environment, Financial, Infrastructure & Utilities, Management, News, Poland
Tagged #BuildingLife, Alicja Kuczera, Alistair Clark, buildings, buildings sector, carbon emissions, construction, construction sector, Cristina Gamboa, decarbonisation, decarbonisation of the building sector, decarbonise, demolition, EBRD, European Bank for Reconstruction and Development, European Green Deal, green bank, greenhouse gas emissions, net-zero emissions, Paris Agreement, PLGBC, Poland, Polish Green Building Council, REPORT, sustainability, World Green Building Council
EBRD President Renaud-Basso and Istanbul’s Mayor sign accord Turkish metropolis to scale up urban regeneration with new metro line EBRD to help design tailor-made environmental improvement plan for Istanbul (PRESS RELEASE) LONDON, 3-May-2021 — /EuropaWire/ — EBRD announces that Istanbul, … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Investment, News, Transportation & Logistics, Turkey, United Kingdom
Tagged air pollution, Covid-19 pandemic, EBRD Green Cities, energy efficiency, European Bank for Reconstruction and Development, Istanbul, Mayor Ekrem İmamoğlu, metro lines, Odile Renaud-Basso, renewable energy, renewable energy generation, urban regeneration, urban sustainability programme, urban transport, waste management
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