European Bank for Reconstruction and Development

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European Bank for Reconstruction and Development

EBRD to boost renewable energy investments in Türkiye

The European Bank for Reconstruction and Development (EBRD) is providing a loan of $110 million to Türkiye's Enerjisa Enerji Üretim to support the expansion of the company's wind power portfolio.

Enerjisa Üretim's projects will prevent the release of 52,000 tons of CO2 emissions a year from the country's power system, the bank said in a statement.

Serbian GDP up 2.3 pct in 2022, to grow 2 pct in 2023 - EBRD

LONDON - The European Bank for Reconstruction and Development (EBRD) has revised its economic outlook for the Western Balkan region, estimating that Serbia's GDP was up by 2.3 pct in 2022 and would grow by 2 pct in 2023.

In a statement, the EBRD said the 2023 projection was a 1.3 pct downgrade from its previous report, released in September last year.

EBRD supports green, low carbon investments in Türkiye

The European Bank for Reconstruction and Development (EBRD) is extending up to €50 million in financing to Yapı Kredi Leasing to expand financing opportunities for borrowers committed to green investments and mitigating climate risks.

Yapı Kredi Leasing is the largest leasing company in Türkiye with a strong track record of transformative green energy endeavors.

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