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EBRD honours sustainable energy projects in Western Balkans

The European Bank for Reconstruction and Development (EBRD) promotes energy efficiency and renewable energy in Western Balkans by recognising nine outstanding projects financed under the Western Balkans Sustainable Energy Finance Facility (WebSEFF). The event in Zagreb, Croatia was attended by local authorities, international institutions, diplomatic community, EBRD partner banks and local companies.
 
The prizes awarded in the following nine categories were:
1. Energy efficiency in the public sector – The awarded project was implemented by the company Brod Plin, Croatia. The project was financed through WeBSEFF by Zagrebacka banka, Croatia;
 
2. Successful use of renewable energy in the public sector – The awarded project was implemented by the company IEE, Bosnia and Herzegovina. The project was financed through WeBSEFF by UniCredit Bank, Bosnia and Herzegovina;
 
3. Utilisation of advanced technology in the production process for the improvement of energy efficiency – The awarded project was carried out by the company Krupa Kabine, Bosnia and Herzegovina. The project was financed through WeBSEFF by Raiffeisen Bank, Bosnia and Herzegovina;
 
4. Improvement of energy efficiency in the production process for the better protection of the environment – The awarded project was by the company Kiro Dandaro, FYR Macedonia. The project was financed through WeBSEFF by Ohridska banka, FYR Macedonia;
 
5. Improvement of the production process to enable energy savings and scrap reduction – The awarded project was done by the company FMB, Serbia. The project was financed through WeBSEFF by Banca Intesa,Serbia;
 
6. Improvement of energy efficiency in agricultural production – The awarded project was implemented by the agricultural entity Radanov Miodrag, Serbia. The project was financed through WeBSEFF by Komercijalna banka,Serbia;
 
7. Energy efficiency refurbishment of business buildings – The awarded project was by the company Alkaloid, FYR Macedonia. The project was financed through WeBSEFF by NLB Tutunska banka, FYR Macedonia;
 
8. Energy efficiency refurbishment of the residential building – the awarded project was carried out by the company Komuscak, Croatia. The project was financed through WeBSEFF by Provredna banka Zagreb, Croatia;
 
9. ESCO – the awarded project was implemented by the company Sense Esco, Croatia. The project was financed through WeBSEFF by Erste Bank, Croatia.
 
The EBRD also awarded Sustainable Energy Excellence Awards to all nine partner banks, in recognition of their work in bringing sustainable energy financing opportunities to their customers.
 
So far, banks have on-lent €42.27 million of EBRD financing to 162 companies for energy efficiency improvements with a combined value of about € 52.27 million.
 
These projects led to a total annual equivalent of primary energy savings of 386.7 GWh/y and 205,028 tonnes of CO2 per year. These are equal to the buildings' energy consumption in the city of about 25,000 inhabitants during an entire year or to taking 30,000 passenger cars off the roads for a year.
 
22 Oct 2015