Russian Sustainable Energy Financing Facility for Industrial Sector
US$300 million credit line facility from the EBRD to participating financial institutions in Russia for on-lending to private companies and entrepreneurs investing in energy efficiency and renewable energy technologies.
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.