EBRD Could Lend Up To EUR30M To Romanian BRD
The European Bank for Reconstruction and Development is considering extending Romania’s lender BRD two credit lines amounting to up to EUR30 million to finance energy saving projects.
The first facility, of up to EUR20 million, will be used to provide medium and long-term financing to small- and medium-sized private companies for projects aiming to save energy, EBRD said in a statement.
In addition, the EBRD is also considering a municipality energy efficiency facility of EUR10 million to the Romanian lender.
Both financing facilities will be discussed at a EBRD board meeting in February.
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