BRD gets EUR 10 mln loan from EBRD to finance energy efficiency projects

Newsroom 16/11/2010 | 17:00

The European Bank for Reconstruction and Development (EBRD) has approved a EUR 10 million loan to BRD meant to support energy efficiency projects in Romania. The credit completes a similar financing line given by the EBRD to the BRD in 2008.

From this money will be financed projects started by Romanian companies of up to EUR 2.5 million each.

From the initial loan the BRD has financed 11 energy efficiency projects in Romania.

The EBRD has invested more than EUR 4.8 billion since it first came to Romania, in different sectors of the economy and has mobilized additional investment worth of other EUR 9 billion.

 

Dana Verdes

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