EIB lends 15.3 mln euro loan tranche to Romania for energy efficiency project in Bucharest

The European Investment Bank (EIB) said on Wednesday it is lending Romania 15.3 million euro ($15.9 million) as the first tranche of a 40 million euro loan to finance an energy efficiency project in Bucharest, seenews.com reports. This is the second phase of the refurbishment programme covering multi-family housing in the municipality of Sector 6 of the Romanian capital city. The project is expected to result in savings of around 50% of the ...

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