Bulgaria Energy Efficiency Competitive Industry Financing Facility
€150 million credit line facility from the EBRD to participating financial institutions in Bulgaria for on-lending to small and medium companies investing in energy efficiency and renewable energy technologies.
Overall, the facility’s investments in projects have contributed to saving more than 7,000 GWh of energy per year and more than 15.8 million tonnes of CO2 emissions in total.
Borrowers could select pre-approved technologies, such as insulation, boilers, solar PV, that meet the high energy efficiency standards from the online Technology Selector.
Advisory services from experts were made available to borrowers and partner financial institutions and included energy assessments, training and marketing support. The advisory aims to support borrowers in selecting the best solutions and implementing their projects.