EBRD | Oil & Gas Feed

The European Bank for Reconstruction and Development (EBRD) has emphasized the importance of diversifying Turkmenistan’s gas exports to maintain economic growth, Trend reports. According to the bank’s outlook, the country is facing economic risks associated with its heavy reliance on China, which currently accounts for over 70% of Turkmen gas exports. “A recently signed memorandum of understanding […]

The European Bank for Reconstruction and Development (EBRD) has announced a landmark investment at COP29, financing two utility-scale solar projects.

The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to US$ 7.5 million (€6.9 million) in local currency to Bank Respublika, one of Azerbaijan’s leading commercial banks. The partner bank will on-lend the proceeds to small and medium-sized enterprises (SMEs). The loan aims to boost the competitiveness and green transition of […]

The European Bank for Reconstruction and Development (EBRD) is lending 100 million euros to Enefit Green for the construction and operation of the 255 MW Sopi-Tootsi wind park in Estonia.

In response to Russia’s latest attacks on Ukraine’s energy infrastructure, the EBRD is providing further funding to the country’s state-owned energy companies.

The European Bank for Reconstruction and Development (EBRD) is stepping up its support for green finance with new funds for Banka për Biznes in Kosovo.

Under its risk-sharing framework, the EBRD will guarantee up to 25 million euros for a loan provided by UniCredit Bulbank to the Tsenovo solar plant in Bulgaria.

EBRD is providing a 60 million euro loan to ProCredit Bank for clean energy projects in Bulgaria and Greece.

EBRD is extending a financial package of up to 29 million euros to Eurowatt Green Energy Group for wind energy developments in Poland. 

EBRD is extending a 150 million-euro sovereign-backed loan to Ukrenergo aiming to support the continued functioning of the power transmission infrastructure and uninterrupted operations of Ukrainian electricity generators.

EBRD announced on Monday that it is lending 80 million euros to Delgaz Grid, E.ON's electricity and gas distribution subsidiary in Romania.

EBRD has co-published a new guide on sustainable finance investments, launched in Bucharest on Wednesday to Romanian public and private corporates, investors, policymakers and other key market players. 

EBRD announced on Monday that it is planning to invest in R.Power, a Poland-based vertically integrated renewables developer.

The European Bank for Reconstruction and Development (EBRD) is supporting residential energy efficiency in the Czech Republic by providing a 110 million euro loan to Heimstaden Bostad, the owner of the largest portfolio of private residential rental units in the Czech Republic.

EBRD has announced a loan of 4.6 million euros to the city of Balti in northern Moldova for public transport and street lighting infrastructure investments.

EBRD has announced a loan of 15 million euros to the municipality of Alba Iulia in west central Romania to fund the EU co-financed rehabilitation of the city’s public transport infrastructure.

On Monday, EBRD signed a four million loan agreement with Voli, the largest food retail chain in Montenegro.

EBRD will provide a 88 million-euro loan to Greek submarine cable manufacturer, Fulgor for connecting islands and offshore wind projects with mainland Greece.

EBRD will lend 29 million euros to an Albanian special-purpose vehicle, owned by France’s Voltalia, to develop a new 140 MW 'Karavasta solar farm' in the Fier area in south-west Albania.

EBRD and EIT InnoEnergy have agreed to work together to develop an investment landscape for EV battery recycling in Poland.