Project Name：EBRD Financial Intermediary Investment Special Fund—Small Business Account—Phase III— Subproject 12: Romanian Green Economy Finance Facility_UCFIN II

Project status：Completed projects

Cooperating Country：Eastern Europe, Romania

Project Description：

Provision of a senior loan to UniCredit Consumer Financing (UCFIN) under the Green Economy Finance Facility focusing on financing green investments in the residential sector in Romania. The financing was used for on-lending to eligible sub-borrowers for investments in energy and resource efficiency measures in the residential buildings.

Implementation Start Date：2020-12-21

Implementation End Date：2025-11-17

Project Objectives：To provide green economy financing loan targeting the residential buildings in Romania.

Executing Agency：UniCredit Consumer Financing (UCFIN)

Implementation Arrangement：

UCFIN  on-lended funds to residential borrowers for investments in green technologies, materials and solutions to improve energy efficiency. Investments included energy-efficient technologies for heating, water and electricity as well as additional building enclosures such as walls, windows and roofs.