Tag Archives: European Bank for Reconstruction and Development

KfW IPEX-Bank Provides USD 100 Million to Finance Belgian Exports for Solidcore’s Kazakhstan Gold Project

(IN BRIEF) KfW IPEX-Bank is providing USD 100 million to finance Belgian exports for Solidcore Resources’ Ertis POX pressure oxidation plant in Kazakhstan’s Pavlodar Special Economic Zone. Belgian engineering company Coek Engineering will supply a roughly 50-metre-long pressure oxidation autoclave, … Read the full press release

EBRD Appoints Energy Sector Specialist to Lead Baltic States Operations

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has appointed Ahmad El Mokadem as Associate Director, Head of the Baltic States, effective 1 September 2026, with responsibility for the Bank’s operations in Estonia, Latvia and Lithuania from Vilnius. … Read the full press release

EBRD Provides €250 Million Green Loan to NEPI Rockcastle Subsidiary for Sustainable Real Estate Investments

(IN BRIEF) The European Bank for Reconstruction and Development is providing a €250 million green loan to NE Property BV, a subsidiary of NEPI Rockcastle, to finance sustainable real estate investments across Central, Southern and Eastern Europe. The eight-year senior … Read the full press release

NLB Confirms Addiko Bank Offer Will Not Proceed After 31.22% Share Acceptance

(IN BRIEF) NLB has announced that its voluntary public takeover offer for Addiko Bank AG did not receive enough shareholder acceptances to proceed. The all-cash offer was launched on 13 May 2026 and required acceptance declarations representing at least 50% … Read the full press release

Kyiv Energy Security Strengthened Through New EBRD Loan and EU Ukraine Investment Framework Guarantee

(IN BRIEF) The European Bank for Reconstruction and Development is providing a new €50 million loan to Kyiv, matching earlier lending in 2024, to help Ukraine’s capital maintain essential municipal services and address the impact of Russia’s ongoing war. The … Read the full press release

NLB’s Addiko Bank Bid Strengthened by Backing From Institutional Investors and Supervisory Board Member

(IN BRIEF) NLB said its voluntary public takeover offer for Addiko Bank AG is gaining further support from major investors and stakeholders. Brandes Investment Partners, which holds a 5.07% stake in Addiko, has announced its intention to tender its shares, … Read the full press release

Delgaz Grid Secures EBRD Financing to Upgrade and Digitalise Power Distribution Infrastructure in North-Eastern Romania

(IN BRIEF) The European Bank for Reconstruction and Development is providing RON 300 million, equivalent to €57 million, to Delgaz Grid SA to support the modernisation and digitalisation of electricity distribution infrastructure in north-eastern Romania. The loan will finance part … Read the full press release

Erste Group and Siemens Financial Services Support Poland’s Energy Transition Through Large-Scale Battery Storage Financing

(IN BRIEF) Erste Group and Siemens Financial Services have provided R.Power with approximately PLN 270 million, or around EUR 64 million, in project financing for the construction of a 150MW / 300MWh battery energy storage system in Jedwabno, Poland. The … Read the full press release

Maib Gains EBRD Portfolio Risk-Sharing Support to Increase Lending Capacity for Moldovan Enterprises

(IN BRIEF) The European Bank for Reconstruction and Development is providing a new portfolio risk-sharing facility of up to €25 million to maib, Moldova’s largest bank, to support expanded lending to micro, small and medium-sized enterprises. The unfunded guarantee is … Read the full press release

EBRD Backs 127 MW Battery Storage Project in Romania to Support Renewable Energy Integration and Grid Stability

(IN BRIEF) The European Bank for Reconstruction and Development is providing up to €44 million to support the development, construction and operation of a 127 MW / 254 MWh battery energy storage system in Scornicești, Romania. The project, co-owned by … Read the full press release

EBRD and Credo Bank Strengthen Access to Local Currency Finance for Georgian Small Businesses

(IN BRIEF) The European Bank for Reconstruction and Development is providing a loan of up to US$40 million, equivalent to €34.6 million, to Credo Bank to expand financing for micro, small and medium-sized enterprises in Georgia. The facility will help … Read the full press release

EBRD leadership transition positions south-eastern Europe for continued investment and green infrastructure growth

(IN BRIEF) The European Bank for Reconstruction and Development has appointed Grzegorz Zielinski as Managing Director for South-Eastern Europe beginning in June 2026. Zielinski will oversee the Bank’s operations across the Western Balkans, Bulgaria, Romania and Greece, succeeding Charlotte Ruhe. … Read the full press release

European Bank for Reconstruction and Development appoints Andreea Moraru as Managing Director for Central Europe and the Baltic States

(IN BRIEF) European Bank for Reconstruction and Development has appointed Andreea Moraru as Managing Director for Central Europe and the Baltic States, effective from 1 June 2026. Based in Warsaw, she will oversee the Bank’s activities across eight countries in … Read the full press release

KfW and European partners double Clean Oceans Initiative funding target to EUR 4 billion to strengthen fight against marine plastic pollution

(IN BRIEF) KfW and its European institutional partners have expanded the Clean Oceans Initiative by doubling its financing target from EUR 2 billion to EUR 4 billion to intensify efforts against marine plastic pollution. Originally launched in 2018 by KfW, … Read the full press release

EIB to support Ukraine in advancing priority infrastructure projects under Ukraine FIRST initiative

(IN BRIEF) The European Investment Bank has entered into a cooperation agreement with Ukraine to provide advisory support for the preparation of major infrastructure projects under the Ukraine FIRST initiative. Developed in partnership with the European Commission and the European … Read the full press release

EBRD Supports Landmark Hybrid Solar and Battery Project in Hungary with €70 Million Investment

(IN BRIEF) The European Bank for Reconstruction and Development is providing €70 million in financing as part of a €210 million package to support a major hybrid renewable energy project in Hungary developed by Renalfa IPP. The project includes a … Read the full press release

EBRD Expands Investment in Green Genius to €150 Million to Accelerate Renewable Energy and Storage Projects in the Baltics and Poland

(IN BRIEF) The European Bank for Reconstruction and Development has increased its investment in Green Genius by €50 million, bringing its total commitment to €150 million. The funding will support the company’s renewable energy expansion across Lithuania, Latvia, and Poland, … Read the full press release

EBRD and InvestEU Back Innovative Financing Deal to Promote Copper Recycling and Water Efficiency in Bulgaria

(IN BRIEF) The European Bank for Reconstruction and Development has provided a €20 million loan to Sofia Med in Bulgaria, backed by an InvestEU guarantee, marking its first sustainability-linked loan in the country. The financing ties loan pricing to environmental … Read the full press release

ANDRITZ Secures Turbine Supply Contract to Modernize Serbia’s Vlasinske Hydropower Cascade and Boost Renewable Capacity

(IN BRIEF) ANDRITZ has been selected by Energotehnika Južna Bačka to supply ten turbines for the modernization of Serbia’s Vlasinske hydropower cascade, a project aimed at enhancing the performance and longevity of facilities that have been in operation since 1955. … Read the full press release

EBRD Supports Development of Green-Certified, Earthquake-Resilient Student Dormitory at Özyeğin University in Istanbul

(IN BRIEF) EBRD is providing a US$ 20 million loan to Özyeğin University to finance the construction of a green-certified, earthquake-resilient student dormitory on the university’s Çekmeköy campus in Istanbul. The project aims to address the city’s growing shortage of … Read the full press release