NIB and BSTDB sign €50m green projects loan

In:

Renewable energy, Traditional energy

Region:

Europe

The Nordic Investment Bank and the Black Sea Trade and Development Bank (BSTDB) have agreed a €50 million loan to finance sustainable investments in the Black Sea region and south-eastern Europe.

The funds of the ten-year loan facility will be used to finance environmental projects and investments that contribute to sustainable development and climate change mitigation, such as renewable energy and clean public transport projects, in the BSTDB’s region of operation.

It is the fourth loan programme signed between NIB and BSTDB.

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