📋 Tender Overview
Location: Kosovo
Project number: 55125
Business sector: Municipal and environmental infrastructure
Notice type: State
EBRD Finance Summary: EUR 50,000,000.00
Total Project Cost: EUR 73,415,000.00
Project Description
Provision of a sovereign loan of up to EUR 50 million to the Republic of Kosovo, to be on-lent to the Kosovo Energy Efficiency Fund ("KEEF"; "the Client") to finance energy efficiency ("EE") measures in up to 400 public buildings in Kosovo, including administrative, education and healthcare facilities at central and municipal levels, and publicly-owned enterprises (the "Project").
The Project will be co-financed with investment grants of up to EUR 20 million to be provided by the Regional Energy Efficiency Programme for the Western Balkans ("REEP"),, funded by the European Union and "Danish Fund for Kosovo" in Partnership for Green and Just Energy Transition in Kosovo.
Project Objectives
- Improvement of the environmental sustainability of public buildings in Kosovo by implementing EE measures that will lead to energy savings and reduction of CO2 emissions.
- Improvement of the energy performance of the renovated buildings by at least two Energy Performance Certificate ("EPC") classes.
- Improvement of comfort levels and quality in the renovated buildings, which is very important for buildings of this nature (children and healthcare).
Transition Impact
ETI score: 60
The transition impact of the Project will be derived from the following transition quality:
1) Green. Proceeds of the Bank will be used for investments in energy efficiency measures and, potentially, installation of renewable energy systems in publicly-owned buildings, including administrative, education and healthcare facilities at both central and municipal levels. The Project will go beyond local regulatory standards and practices, and will introduce high quality, innovative EE technologies in buildings which will have a strong demonstration of the viability effect across the country and the region.
