| Project Detail |
Location:
Kosovo
Project number:
55325
Business sector:
Financial institutions
Notice type:
Private
Environmental category:
FI
Approval date:
19 Mar 2024
Status:
Approved
PSD disclosed:
28 Mar 2024
A senior unsecured loan of up to EUR 4.0 million to be disbursed in two equal tranches (EUR 2 million each) under the Western Balkans GEFF III REpower Residential Programme ("WBGEFF III"). The loan will have a 3-year tenor with no grace period. The second tranche will be uncommitted.
WBGEFF III is associated with Technical Cooperation and investment incentives for the end-borrowers. Since the first phase of GEFF, the programme has been supported by the EU through the WBIF, the government of Japan, Austria and Switzerland through High-Impact Partnership on Climate Action.
Project Objectives
The loan is intended to make available financing for investments in high-performance energy efficiency and renewable energy technologies, materials and solutions undertaken in or in relation to privately owned residential dwellings or buildings, construction of GET-eligible High energy Performance Residential Buildings (HPRBs) and eligible Energy Efficiency and/or Renewable Energy projects in the Public Sector. 100% of the use of proceeds will be related to investments eligible under the EBRDs Green Economy Transition ("GET") approach. |
