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EBRD Lends EUR 43 Million to Taaleri-ENCRO JV for Two Wind Farms in Croatia
The European Bank for Reconstruction and Development (EBRD) is helping to speed up Croatia’s transition to clean energy by helping to finance the construction of two new wind farms. The bank is extending a EUR 43 million loan to Kunovac…
EBRD Invests 5 Million Euros in Lithuanian Green Bond to Accelerate Regional Renewables
The European Bank for Reconstruction and Development (EBRD) is investing 5 million euros in a 25 million euros Green Bond issued by UAB Atsinaujinančios Energetikos Investicijos (AEI). AEI is a Lithuanian fund and renewable energy developer managed by Lords LB Asset Management,…
EBRD to Acquire Stake in Bulgaria’s Euroins Insurance Group
The European Bank for Reconstruction and Development (EBRD) signed an agreement to acquire a minority stake in Bulgaria’s Euroins Insurance Group (EIG), one of the largest independent non-life insurance groups in central, eastern and south-eastern Europe. The EBRD is investing…
Protecting Fragile Marine Ecosystems
This year’s World Environment Day, officially celebrated on 5 June, focuses on ecosystem restoration, an important aspect of a healthy world. The EBRD’s work with the Northern Dimension Environmental Partnership (NDEP) shows how this can be successfully achieved. The Baltic…
Volkswagen’s European Factories Up To 95 Percent Powered By Renewables
In 2020. Volkswagen Group increased the share of renewables powering its European factories from 80 percent to 95 percent (year over year/YoY), and 10 of its factories became 100 percent renewably powered. The target is for them to reach 100 percent renewable…
EBRD and EU Advance Honey Producer’s Development in Moldova
Nestled in the picturesque village of Costești, Moldova, Regina Naturii manufactures and trades jars of delicious natural delicacies. The honey producer may well have borrowed its work ethic from industrious bees in their hives since what initially started as a…
Marked Improvement in Europe’s Air Quality Over Past Decade
The EEA’s ‘Air quality in Europe — 2020 report’ shows that six Member States exceeded the European Union’s limit value for fine particulate matter (PM2.5) in 2018: Bulgaria, Croatia, Czechia, Italy, Poland, and Romania. Only four countries in Europe —…