The European Bank for Reconstruction and Development (EBRD) is lending EUR15 million to the municipality of Alba Iulia in Romania to co-fund together with the European Union the rehabilitation of the city’s public transport infrastructure.
Romania is shortly launching its first auction for a contract-for-difference (CfD) support scheme for renewable energy. Onshore wind power projects and solar photovoltaic (PV) projects with a total capacity of 2,000 MW will be supported through a CfD scheme for 15 years, the European Bank for Reconstruction and Development (EBRD) said in a statement.
The European Bank for Reconstruction and Development (EBRD) is exploring a RON240 million loan for Distributie Energie Electrica Romania (DEER) company, part of Electrica group.