Global Projects Information

Provision of a loan of up to EUR 32.4 million to Burgas Water Supply and Sanitation Operator ("Burgas WSSO" or the "company"), a state-owned company and sole provider of water supply, wastewater collection and treatment services in the Burgas region. The proceeds of the loan will be used for the co-financing of priority investments in water supply and sanitation infrastructure, jointly with investment grants from Operational Programme Environment 2014 - 2020 ("OP Environment"). The project will be financed with EBRDs own capital resources and funds from the European Structural and Investment Funds and the national budget of the Republic of Bulgaria (jointly referred to as "ESIF contribution"). Project Objectives The projects main objectives are (i) increasing compliance with the EU directives on potable water and wastewater treatment in large agglomerations (above 10,000 population equivalent) and (ii) enhancing Burgas WSSOs operational efficiency.

Project Description Provision of a sovereign loan to Bosnia and Herzegovina ("BiH") in the amount of up to EUR 40 million to be on-lent via the Republika Srpska ("RS") to Republika Srpska Railways ("RSR" or the "client") for the rehabilitation and upgrade of the rail section Samac i Doboj i Rjecica in RS that is part of rail Corridor Vc (the "project"). The project is expected to be jointly co-financed with a loan from the European Investment Bank ("EIB") in the amount of EUR 40 million and an investment grant in the amount of EUR 70 million from the European Union ("EU") under the Western Balkans Investment Framework ("WBIF"). Project Objectives Improvement of railway infrastructure through track overhaul and signalling modernisation. Reduction of travel time, accident risk and operations and maintenance costs. Increase of travel speed and enhancement of reliability and capacity of services.

Provision of up to USD 250 million sovereign loan to Alexandria Petroleum Company (APC) to exclusively finance a package of energy and water efficiency investments to modernize and upgrade the refinery with processes capable of producing higher value added products, improving the energy efficiency and the overall performance, as well as reducing the environmental impacts. The Project will install a number of Resources and Energy efficiency investments (namely Energy Management System, Cooling Water Tower, Emissions Monitoring System), pollution and emissions reduction investments, in addition to implementing an Energy & Water Efficiency Investment Programme (EWEIP) from implementing a Waste Water Treatment as well as other modernization investments. Project Objectives The Project aims to improve the refinerys efficiency, reduce its energy consumption and overall environmental impact while enhancing the plant productivity from (i) saving emissions of greenhouse gas (GHG) from increasing the refinerys output of higher quality and lower sulphur fuels in line with Euro 5 standards in addition to installing a Continuous Emissions Monitoring System (CEMS); (ii)Reducing the fuel consumption through the installation of Energy Management System (EMS) and a Vapour Recovery Unit (VRU) among other Energy efficiency investments; and (iii) Decreasing the seawater pollution risk and reducing the water usage through the installation of a Waste Water Treatment using Best Available Technology (BAT).

Provision of a senior loan of up to EUR 25 million to public electricity generation utility JSC Elektrani na Severna Makedonija ("ESM") for implementing a 30 MW solar photovoltaic ("PV") project consisting of: (i) a 10MW "Oslomej" expansion (currently under construction) on the exhausted coal mine of TPP Oslomej, and (ii) a 20MW "Bitola" expansion adjacent to TPP Bitola (together the "Project"). Project Objectives The project is part of a broad partnership with the North Macedonian authorities and ESM to promote a just and green transition, encompassing investment in new green capacity for ESM, adding clean renewable energy generation to a region and country with serious capacity shortages and high reliance on lignite mining.

Project Description Provision of a sovereign loan of up to EUR 450 million to Ukraine to be on-lent to Ukravtodor, the State Road Agency of Ukraine, consisting of three tranches (the "project"): Tranche 1 of up to EUR 100 million to finance the rehabilitation of the M-05 Kyiv-Odesa road section in Cherkasy region, Tranche 2 of up to EUR 160 million to finance the construction of a northern section of the bypass around the city of Lviv, Tranche 3 of up to EUR 190 million to finance the rehabilitation of the M-05 Kyiv-Odesa road sections in Kirovohrad, Mykolaiv and Odesa regions. Project Objectives Tranches 1 and 3 aim to support the rehabilitation of strategically important sections of the M05 Kyiv-Odesa road, which is part of Corridor IX of the Trans-European Transport Network ("TEN-T") and one of the busiest roads in the country connecting the capital to the biggest city in the south and the Black Sea ports, which are a vital logistical hub for freight transport. Tranche 2 will support the completion of the ring-road around the city of Lviv, which is located at the intersection of TEN-T Corridors III and V, and will enable through traffic to bypass the city more effectively improving travel times and reducing congestion in the city. The project will also support legal and regulatory reform objectives aimed at developing a competitive and transparent road construction and maintenance sector.

The provision of a short-term senior loan of up to MNT 10 billion (€ 3.15 mln) to Transcapital Mongolia Non-bank Financial Institution ("TCMN") in two equal tranches. This project was approved in the context of the Banks response to the Covid-19 pandemic. To avoid delays to the delivery of this project, the Banks President granted a deviation from the ordinary timelines for PSD disclosure, as contemplated by Section V of the Directive on Access to Information. Details of the Banks response to CovidD-19, and this deviation, can be found on our website. Project Objectives The loan will support TCMNs capital adequacy and will help Transcapital Mongolia continue commercial lending.

A senior loan of up to EUR 25 million to the Communal Enterprise "Dniprovska Municipalna Energoservisna Kompanya", the municipal energy management company, owned by the city of Dnipro. The loan is expected to be co-financed by up to EUR 5.5 million investment grant from the Eastern Europe Energy Efficiency and Environment Partnership (E5P), subject to grant approval by the E5P Assembly of Contributors. The local contribution of up to EUR 2.5 million will cover additional energy conservation measures and capital repairs. The project proceeds will finance a pipeline of works contracts with elements of an Energy Performance Contract (EnPC") for energy efficiency investments in 98 public buildings, including 67 kindergartens, 27 schools and 4 outpatient clinics. The loan will be a sub-project under the Public Sector Energy Efficiency Financing Framework, consisting of municipal-guaranteed loans to municipal energy management companies in Ukraine to facilitate critical improvements in energy efficiency measures in public buildings in a number of cities across Ukraine. Project Objectives The proposed investment will enable the city to finance energy efficiency measures through EnPCs implemented by private contractors selected by competitive tender. The investments are expected to result in strong improvement of buildings condition through renovation of facilities and meeting heating requirements, improved comfort level and reliability of services at kindergartens, schools and clinics, as well as reduction of energy and maintenance costs of the buildings and decrease of CO2 emissions.

This project was approved in the context of the Banks response to the COVID-19 pandemic. To avoid delays to the delivery of this project, the Banks President granted a deviation from the ordinary timelines for PSD disclosure, as contemplated by Section V of the Directive on Access to Information. Details of the Banks response to COVID-19, and this deviation, can be found on our website. Provision of a senior unsecured loan of up to EUR 5m (the "loan") for on-lending to local SMEs through the Regional SME Competitiveness Support Programme (SME-CSP). The loan will be fully guaranteed by Steiermarkische Bank und Sparkassen AG. Project Objectives The project will support investments in SMEs to upgrade production facilities and comply with various EU Directives in the field of environmental protection, workers and product safety and product quality. The investments will be selected based on the technical and financial eligibility criteria set forth in the Policy Statement for the Western Balkans SME Competitiveness Support Programme (CSP WB). Support to the SMEs is tailored as a combination of access to finance with TC and non-TC assistance. At least 60% of the use of proceeds will go towards financing GET-eligible investments in with the Policy Statement.

This project is a part of the Banks response to the Covid-19 pandemic. To avoid delays to the delivery of this project, the Banks President granted a deviation from the ordinary timelines for PSD disclosure, as contemplated by Section V of the Directive on Access to Information. Details of the Banks response to Covid-19, and this deviation, can be found on our website. Provision of a senior loan of up to USD 25 million in favour of Alternatifbank A.S. ("ALB"). The proceeds of the loan will be channelled by ALB predominantly to private Turkish businesses with a focus on micro, small, and medium-sized enterprises (MSMEs). Project Objectives The operation will enable Alternatifbank A.S. to increase the availability of short-term financing predominantly to private MSMEs in Turkey facing liquidity stress due to the Covid-19 crisis.

Provision of a sovereign loan of up to EUR 9.5 million in the form of a Standby Credit Line (SBCL) in favour of Bosnia and Herzegovina to be on-lent to Republika Srpska. As an SBCL, EBRD finance is designed to provide funds to Republika Srpska under certain pre-agreed conditions in order to support the newly established COVID-19 Guarantee Programme for SMEs which will be administered by the Republika Srpska Guarantee Fund ("RSGF"). The new facility will complement the funds that will provided by the Government of Republika Srpska in the amount of EUR 15.5 million. Project Objectives The project will enable Republika Srpska to have adequate funding arrangement in place to fully fund the COVID-19 Guarantee Programme increasing the capacity of one the most important Covid-19 response tools that will help SMEs gain access to finance swiftly. The project additionally aims to strengthen the Guarantee Programmes operational capabilities in line with international standards through a targeted TC assignment.