The European Bank for Reconstruction and Development (EBRD) has initiated in Belarus through the Belarussian participating banks a 50 million USD credit line which targets private and public Belarusian companies in eligible sectors, and is intended to invest in energy efficiency and renewable energy projects. This credit line is a part of the EBRD’s Belarus Sustainable Energy Finance Facility (BelSEFF).
The financing is aimed at investments fostering sustainable energy savings and production of renewable energy (please see the section Eligibility Criteria and Case Studies for more information on eligible technologies). A team of technical and financial experts will assist the applicants in the assessment and optimization of their projects. The Belarusian participating banks will assess credit worthiness of the applicant and feasibility of the project and will make the final decision on the loan disbursement.
Share this
Sector: Finance
Country / Region: Belarus, Europe
Tags: energy, energy efficiency, energy savings, international development, projects, renewable energies, specific financing mechanisms, targetsKnowledge Object: Web Resource