EBRD Supports Innovative Energy Efficiency in Latvia

The European Bank for Reconstruction and Development (EBRD) is supporting an innovative solution to help Latvian energy service companies (ESCOs) obtain long-term financing for energy efficiency upgrades. A €4 million loan will be provided to the Latvian Baltic Energy Efficiency Facility (LABEEF), a company founded by energy efficiency specialists. In …

EU grants support to Albania–Macedonia power link

At the Western Balkans Investment Summit, in the presence of all regional prime ministers, the European Union confirmed its intention to provide a EUR 12 million grant to support construction of the first electricity interconnector between Albania and Macedonia, the European Bank for Reconstruction and Development said on its website. …