#EBRD

Montenegro’s CEDIS will modernise substations, install smart meters, and improve grid reliability through €30 M investment and major international funding.

The European Bank for Reconstruction and Development (EBRD) will help finance the construction of a new high-voltage transmission line in Uzbekistan.

The European Bank for Reconstruction and Development (EBRD) has invested almost €12.5 billion ($13 billion) in Egypt in the form of loans and project finance.

EBRD is extending a loan of almost €32 million ($34.6 million) to support the development of the Korlat solar power plant in Croatia.

The EBRD will invest up to €100 million ($110.4 million) in equity into Green Genius to support the renewables developer and power producer’s growth plans.

The EBRD and French development agency Proparco are cooperating to finance two solar photovoltaic power plants in the areas of Tozeur and Sidi Bouzid in Tunisia.

The EBRD is providing a sovereign-guaranteed loan of up to €28 million) to Montenegro’s TSO Crnogorski Elektroprenosni Sistem for the upgrade of the Brezna substation.

The EBRD has announced it will provide a €45 million financing package to STEG for the construction of a 200 km interconnector between Tunisia and Italy.

The European Bank for Reconstruction and Development (EBRD) has approved a framework committing up to €300 million to finance renewable energy investments in Greece.

The European Bank for Reconstruction and Development (EBRD) has approved an equity investment in HAU Energy BV to boost renewable energy in Egypt.

The European Bank of Reconstruction and Development (EBRD) announced a potential sovereign loan of up to €165 million on Thursday.

Morocco: Financial close of the project to increase the capacity of the 50 MW Koudia Al-Baida wind farm to 100 MW in Morocco has been reached.

Belarus seeks to attract $16 M from the EBRD to build an electric substation, Cherkasy, to supply electricity to the free economic zone Minsk.

EBRD is investing $60 M to become a shareholder in an Egyptian private energy company, Infinity Energy, through the issuance of new shares.

Ukraine: The European Bank for Reconstruction and Development (EBRD) will provide Ukraine with $170 M (EUR 149 M) for the modernization of power grids.

The European Bank for Reconstruction and Development (EBRD) has granted $220 million (€200 million) loan to Serbian state-owned power utility Elektroprivreda Srbije (EPS) to reform the country’s power sector.

Ukraine, Zaporizhia: Ukrenergo has been forced to suspend the reconstruction of the 330 kV Kakhovska-Khersonska power grid, funded by the European Bank for the Reconstruction and Development (EBRD) and the European Investment Bank (EIB), and put it into operation, the press service of the company has said.

United Kingdom, London: The European Bank for Reconstruction and Development (EBRD) is allocating €65 million ($70 million) to the Ukrainian national transmission network operator, Ukrenergo, for an energy project to increase energy efficiency and meet growing demand for power in the Ukrainian capital.