Tag: loan

CGES to pledge its assets as a collateral for KfW Bank loan – Montenegro, 06 October 2018

In order to obtain a loan in the amount of 20 million euros for the construction of energy infrastructure on the Lustica peninsula from the German Development (KfW) Bank, Montenegrin electricity transmission system operator CGES is planning to pledge some of its assets, namely its headquarters build Full article available for subscribers of Energy NEWS […]

EBRD provides 10.2 million euros for improving energy efficiency – Serbia, 28 September 2018

The European Bank for Reconstruction and Development (EBRD) presented the Green Economy Financing Facility (GEFF) in Serbia, which provides a credit line of 10.2 million euros for all citizens for the purpose of improving energy efficiency. The credits are available at UniCredit and Erste Bank. Full article available for subscribers of Energy NEWS service (PDF […]

MK Fintel Wind withdraws first tranche of 85.1 million euros loan – Serbia, 1 August 2018

MK Fintel Wind, a joint venture of Serbian MK Group and Italian Fintel Energia, said that it withdrew the first tranche of a 85.1 million euros loan the company obtained for the construction of wind farm Kosava. MK Fintel Wind withdrew the first 4.4 million euros on 30 June. The loan is provided by Erste […]