Project Name：EBRD Financial Intermediary Investment Special Fund—Small Business Account—Phase III— Subproject 9: Romanian Green Economy Finance Facility

Project status：Completed projects

Cooperating Country：Eastern Europe, Romania

Project Description：

Provision of a senior loan to participating financial intermediaries 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：2017-11-05

Implementation End Date：2024-08-20

Project Objectives：

The Loan was the first dedicated green economy financing loan of the Bank targeting the residential buildings in Romania. The proceeds of the Loan was used to extend loans for residential energy efficiency projects in line with the objectives of the Romania Green Economy Financing Facility.

Executing Agency：

Transilvania bank, UniCredit bank, UniCredit Consumer Financing Company

Implementation Arrangement：

The proceeds was used to provide loans to Individuals or Group of Individuals, Housing Associations and Management Companies, Service providers and Vendors to implement sustainable energy investments in residential dwellings or buildings.