In England, the European Bank for Reconstruction and Development is extending a further €7 million to BC Mobiasbancă – Groupe Société Générale SA for on-lending to private companies undertaking energy-saving measures and investing in renewable energy projects. The EBRD financing will be used to help businesses invest in energy-efficient equipment, for example, to replace old production and heating equipment, rehabilitate and replace boilers, install meters and renovate thermal and electric energy distribution systems.
It will also finance small-scale renewable energy projects such as solar water-heating systems, solar panel electricity systems, ventilation and conditioning systems, thermal insulation, gas boilers and biomass and biogas installations.
More on the story.
