| Project Detail |
Location:
Serbia
Project number:
52862
Business sector:
Municipal and environmental infrastructure
Notice type:
State
Environmental category:
B
Approval date:
30 Sep 2022
Status:
Concept Reviewed
PSD disclosed:
06 Jul 2022
The provision of a senior loan of up to EUR 12 million to the Autonomous Province of Vojvodina (the "Province") for financing the energy efficiency measures in up to 80 public buildings across the Province. The Project will be co-financed by an investment grant of EUR 1 million provided by the European Union under the Regional Energy Efficiency Programme ("REEP") for the Western Balkans. In addition, technical cooperation ("TC") support of EUR 1.6 million has been provided by the REEP, the Swedish International Development Cooperation Agency ("Sida"), and the Central European Initiative ("CEI").
Project Objectives
The Project is expected to result in energy cost savings and reduction of CO2 emissions, as well as improvement in the comfort of indoor conditions. In total, up to 80 public buildings will benefit from energy efficiency measures including (i) installing thermal insulation to building walls and roofs, (ii) upgrading heating, ventilation and air conditioning systems, including replacement of inefficient and/or coal fired boilers, (iii) installing high-efficiency lighting systems, and (iv) replacing inefficient windows with insulated windows. |
