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Green Technology Selector-based investment – easy and reliable
Ashtarak Dzu, established in 2007, is one of the biggest poultry producers in Armenia. The stable market growth made the company reconsider its production with a view to the long term.
The management, therefore, decided to invest US$ 59,237 in a loader, which makes the chicken feeding process more reliable, animal-friendly and energy-efficient. The payback period for the equipment chosen from the GEFF Green Technology Selector is 8 years. The investment brings benefits both to the company and to the environment by reducing CO2 emissions equivalent to 20 tonnes per year.
“We chose the Bobcat S630 loader, which was available on the EBRD GEFF list of recommended green investments. This inspires confidence with regard to the quality and reliability of the equipment. We believe that our investment has not only resulted in short-term savings and a longer equipment life span but that the new machine will continue to deliver dependable service well beyond the payback period,” says the Director, Mr Zakar Ispiryan.
With green investments, the EBRD supports the sustainable financing and implementation of long-lasting energy projects in the private sector. Together, the private, residential and public sectors can make significant changes in energy consumption patterns and contribute to overall environmental protection.
This project was supported by the Green Climate Fund (GCF) and Climate Investment Funds (CIF).