The European Bank

The European Bank for Reconstruction and Development (EBRD) has approved a loan of up to 50 million euros for Tenevo Solar Technologies EAD to build and operate a solar photovoltaic plant in southeastern Bulgaria. The project will produce over 300 GWh of electricity annually and help reduce carbon emissions by 250,000 tonnes per year.

The European Bank for Reconstruction and Development (EBRD) is providing a $60 million loan to Türkiye's Borusan EnBW Enerji to finance the development and construction of 116 MW of onshore wind energy capacity in Sivas and Tekirdağ.

The European Bank for Reconstruction and Development (EBRD) has said it is supporting Morocco's hygiene products sector with 45.5 million euros of loan to Eczacıbaşı Consumer Products Maroc SARL (ECP Maroc).

It is the first cross-border acquisition financing package of its kind, the development bank said in a statement.

BELGRADE - The European Bank for Reconstruction and Development (EBRD) invested a record 846 mln euros in Serbia in 2023, up by nearly 200 mln euros from 2022 and well above the previous all-time high of 679 mln euros in 2020.

This made Serbia one of the top five recipients of EBRD investments for the first time, the bank said in a statement.

The European Bank for Reconstruction and Development (EBRD) is providing a loan of $33.2 million to Borusan Lojistik to finance the company's capital expenditure, including measures to boost competitiveness.

BELGRADE - The European Bank for Reconstruction and Development (EBRD) announced on Tuesday Serbian Railways Infrastructure was launching a comprehensive programme to improve its corporate governance and operational performance, supported by the EBRD and donors.

The European Bank for Reconstruction and Development (EBRD) is providing a long-term loan of 22 million euros to Kervan Gıda, the leading exporter of jelly sweets in Türkiye.

The funds will be used to finance capital expenditure investments to increase the capacity of the company's jelly and licorice production lines, install solar panels and improve its wastewater treatment methods.

The European Bank for Reconstruction and Development (EBRD) is providing a loan of $ 109 million to Türkiye's largest private lender İşbank for on-lending to businesses and individuals affected by the 6 February earthquakes that hit the country's south-eastern region.

The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to $90 million to the Turkish private lender Akbank as part of its Türkiye Disaster Response Framework (DRF), launched in the aftermath of the devastating earthquakes that hit the country's southeastern cities.

The European Bank for Reconstruction and Development (EBRD) is providing a loan of $110 million to Türkiye's Enerjisa Enerji Üretim to support the expansion of the company's wind power portfolio.

Enerjisa Üretim's projects will prevent the release of 52,000 tons of CO2 emissions a year from the country's power system, the bank said in a statement.