NEW EBRD FUNDS FOR ENERGY EFFICIENCY AND RENEWABLE ENERGY PROJECTS

The EBRD is continuing to promote energy efficiency and renewable energy projects in BiH with a 5 million Euros credit line to UniCredit Bank, for on-lending to local private companies undertaking sustainable energy investments. 

The EBRD is continuing to promote energy efficiency and renewable energy projects in BiH with a 5 million Euros credit line to UniCredit Bank, for on-lending to local private companies undertaking sustainable energy investments.

The proceeds of the loan will be used to support companies investing in industrial energy efficiency, small renewable energy production and energy efficiency in commercial buildings with loans worth up to 2 million EUR.

The project is supported by EU grant financing that will be used as investment incentives to encourage local companies to implement energy efficiency and renewable energy projects.

Technical assistance to help companies to prepare eligible projects will be funded by the EBRD Western Balkans Multi-donor Fund.