EIB continues to support investments increasing Romania's energy efficiency
Thursday, October 9, 2014
The European Investment Bank (EIB) is lending EUR 22.47 million - the first tranche of an approved EIB loan for a total amount of EUR 42 million - to finance the second phase of the refurbishment programme for multi-family housing in the municipality of Sector 4 in Bucharest. This project is expected to result in around 50% savings in the heating energy consumption of the buildings concerned. EIB funds will finance up to 75% of the costs of ...