Tractebel Engineering S.A. has been selected by EBRD as the Facility Consultant for the new Green Economy Financing Facility in Romania.
A Tractebel-led consortium that also includes financial consultants TUD Consult and media specialists Infinit Solutions competed against several international and Romanian consulting companies to win this major new assignment for EBRD.
The Facility Consultant will help EBRD’s partner banks to design eligible financing products for their customers; set up a Technology Selector to help households identify eligible energy efficiency, renewable energy and water-saving products; and conduct technical assessments to help finance new homes, renovate older homes or support financing applications from businesses who supply energy-saving goods and services to households.
GEFF will not be the first project in which EBRD and Tractebel Engineering have worked together to improve energy efficiency in Romania. Since 2008 three similar facilities – MFFEE, EEFF and RoSEFF – helped Romanian municipalities and private companies to finance 473 investment projects with a combined value of €189 million through EBRD’s partner banks.
GEFF will be one of many Green Economy Financing Facilities in a range of countries. For details, please visit www.ebrdgeff.com.
The Facility Consultant provides specialist support to EBRD, its partner banks and their household and business customers to improve the energy performance of Romanian homes using GEFF.
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