News
17 December 2019
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.
