The European Bank for Reconstruction and Development (EBRD) invites expressions of interest from consultants to provide legal services for development of energy efficiency and renewable energy projects, including small hydropower, in the western Balkans. Responses are due April 3.
EBRD previously courted consultants to assist in project development and verification for the Western Balkans Sustainable Energy Direct Financing Facility. (HydroWorld 8/13/08)
With a maximum budget of 1 million euros (US$1.32 million), the bank now seeks a legal consultant to perform due diligence, to draft and negotiate financing and security documents, to draft financing agreements, and to assist in disbursement. The Western Balkans facility is to assist projects in Albania, Bosnia and Herzegovina, Croatia, Macedonia, Montenegro, Serbia, and Kosovo.
Expressions of interest, in English not to exceed 25 pages or 1 MB, are to be submitted by 1 p.m. London time April 3, electronically to the address below. The submission is to be labeled “Expression of Interest for Regional: Consultant - Legal Assistance with the implementation of the Western Balkans Sustainable Energy Direct Financing Facility.” It is to be accompanied by a contact sheet, the template for which may be obtained from the EBRD Internet site at www.ebrd.com/oppor/procure/opps/contact_sheet.doc.
For information, contact Steven Gillard, European Bank for Reconstruction and Development, London, United Kingdom; (44) 207-3387834307; Fax: (44) 207-3387541; E-mail: gillards@ebrd.com; Internet: www.ebrd.com.
Bank approves renewables financing for Serbia, Bulgaria
EBRD also approved financing for energy efficiency and renewable energy programs in Serbia and Bulgaria under the Western Balkans Sustainable Energy Direct Financing Facility and the Bulgarian Energy Efficiency and Renewable Energy Credit Line Framework. (HydroWorld 11/21/08)
EBRD said it launched its first credit facility for such projects in Serbia, making loans to participating banks, which will provide credit to private firms. The first loan of 10 million euros (US$13.2 million) was signed with Banca Intesa Belgrade on March 25.
Similarly, EBRD approved a new loan of 15 million euros (US$19.8 million) to Bulgaria’s UniCredit Bulbank for on-lending to private companies for energy efficiency and small renewable energy projects. It is part of the Bulgaria energy efficiency and renewables program that is to be funded up to 55 million euros (US$72.6 million).
The EBRD program is intended to help Bulgaria finance private sector energy investments to mitigate for the reduced generating capacity resulting from a plan to decommission the 2,000-MW Kozloduy nuclear power plant.
