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EBRD

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EBRD Supports Sparkasse Bank AD Skopje In Green Energy Financing Initiative In North Macedonia

The European Bank for Reconstruction and Development (EBRD) has approved a significant financial initiative aimed at promoting green energy investments in North Macedonia. Sparkasse Bank AD Skopje, the fifth-largest bank in the country, will receive a senior unsecured loan of up to €4 million under the Western Balkans GEFF III REpower Residential framework.
The project’s primary objective is to provide sub-loans that will finance various green economy transition (GET) investments. These include high-performance energy efficiency technologies, materials, and solutions for residential buildings, as well as renewable energy projects in the public sector. The financing is expected to significantly reduce energy consumption and carbon emissions in North Macedonia’s residential and public sectors.




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