GLOBAL TENDERS

EBRD loan and EU grants to OTP Leasing to support SMEs in Serbia

EBRD lends €10 million to OTP Leasing Srbija doo Novi Beograd New finance to be lent on to small businesses in Serbia Incentive grants and technical assistance funded by the European Union The European Bank for Reconstruction and Development (EBRD) is extending a €10 million loan to OTP Leasing Srbija doo Novi Beograd to support the competitiveness of small and medium-sized enterprises (SMEs) in Serbia. The European Union (EU) is also providing €1.5 million in incentive grants for SMEs to make their investments more affordable. The financing is being provided under the EBRD’s SME Competitiveness Programme, through which local companies can access well-structured finance, including incentive grants worth up to 15 per cent of their loan amount. The aim of the programme is to support Serbian SMEs in upgrading their businesses to EU standards in areas such as environmental protection, worker safety and product quality. Participating small businesses will also be offered technical assistance to help prepare and implement their investments. The grants and technical assistance are being financed by the EU through the Instrument for Pre-Accession Assistance (IPA) and in close coordination with the Ministry of Economy of Serbia. With its wide regional outreach and focus on SMEs, OTP Leasing Srbija has the potential to provide much-needed financing to smaller businesses and to contribute to the development of the SME sector across the country. The EBRD is a leading institutional investor in Serbia. The Bank has invested more than €7.1 billion in 303 projects in the country to date. The Bank’s focus in Serbia is on private-sector development, improving public utilities and facilitating the country’s transition to a green economy. Serbia

EBRD-FMO loan boosts Turkish renewable firm Borusan EnBW Enerji

Long-term syndicated loan to bolster company balance sheet for renewables portfolio expansion Borusan EnBW Enerji to encourage young women to pursue careers in the renewables sector Company is a long-standing EBRD client in Turkey The European Bank for Reconstruction and Development (EBRD) and the Netherlands Entrepreneurial Development Finance Company, FMO, are extending an US$ 80 million financing package to Borusan EnBW Enerji A.S., providing a fresh boost to the renewable energy sector in Turkey. The company ? a joint venture between German utility Energie Baden-Württemberg (EnBW) and Turkish conglomerate Borusan Holding ? is a prominent renewable energy player in the country. It runs nine wind farms, two solar plants and one hydro-electrical power plant, with a total of 720 megawatts (MW) of installed capacity. Its wind portfolio is the largest in Turkey. The financing package is split equally between the two lenders under the EBRD’s A/B loan syndication structure, a financing model whereby lenders participate in an EBRD loan on market terms, with the EBRD remaining the lender of record for the entire loan amount. The long-term loan will strengthen Borusan EnBW Enerji’s balance sheet and reinforce its financial sustainability for further portfolio expansion. Borusan EnBW Enerji will also develop and implement a new accredited course for young people to acquire the skills required in the renewable energy sector. It has further committed to stepping up support for women, who remain underrepresented in the industry and Turkey’s labour market more broadly. Aida Sitdikova, EBRD Director of Energy Eurasia, said: “To advance its green agenda and meet its commitments under the Paris Agreement, Turkey needs strong, experienced renewable energy investors on a sustainable financial footing, such as Borusan EnBW Enerji. The EBRD is delighted to consolidate its partnership with this Turkish-German venture and enable it to step up the delivery of green sources of energy.” In 2020, the EBRD supported the company with a loan of US$ 37 million to finance the expansion of the Kiyikoy wind farm in Turkey’s northwest. Borusan EnBW Enerji CEO Enis Amasyali said: “Borusan EnBW Enerji, which has been a prominent representative of the renewable energy sector since its establishment, will ensure the continuity of its clean energy invest Turkey

Expansion and repair of the Ambrosetti school in Gualeguay $35M

With an official budget that exceeds 35 million pesos, the provincial government, through the Provincial Executing Unit (UEP), called for a tender for the expansion of School No. 37 Juan Bautista Ambrosetti, in Gualeguay. EXTENSION AND GENERAL REPAIR IN ESC. Nº 37 “JUAN BAUTISTA AMBROSETTI” – LOCALITY GUALEGUAY – DEPARTMENT. GUALEGUAY – PROV. FROM ENTRE RIOS – PROGRAM Nº46 More info Printable version Type of Work: Works of Architecture Client: PROVINCIAL EXECUTING UNIT Tender No.: 08/2021 Place: Province of Entre Ríos Opening date: 02/09/2022 at 11:30 AM Official budget: $35,636,714.74 More information at ObraPublica.com Source: ObraPublica.com Argentina

Resurfacing of RN 33 Pujato Zavalla Awarded $352M

The National Government awarded the tender to carry out the resurfacing of 14 kilometers of RN 33. The work will make a comprehensive improvement of road safety conditions in this section and also, work will be carried out at the intersection with National Route A012. The investment to carry them out will be 492 million. The final amount of the investment, by the Ministry of Public Works of the Nation, is $492,110,500. The execution period will be 8 months and the work to be carried out will be: milling of the road, potholes at various points and the complete resurfacing of the 14 benefited kilometers. Similar will be the works that will be carried out at the intersection of RN 33 with RN A012. AWARD | REPAVEMENT WORK OF NATIONAL ROUTE N° 33 – SECTION: PUJATO – ZAVALLA Client: NATIONAL ROAD DIRECTORATE Place: Province of Santa Fe Opening date: 10-20-2021 11:00 a.m. Official budget: $352,744,347.89 See Tender NÉSTOR JULIO GUERECHET SA $492,110,500.15 More information at ObraPublica.com Source: ObraPublica.com India