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GrCF W2 - Iasi Green Buildings

Sector: Government • Location: Romania

Source: European Bank for Reconstruction and Development (EBRD)

Project
Signed

By 21-Oct-2021, the EBRD signed a provision of a loan of up to EUR 21 million to the City of Iasi to finance energy-efficiency enhancement investments in public buildings that include: i) rehabilitation of 15 public buildings owned by the city, and ii) reconstruction of a new bus and tram depot, designed and equipped for 32 trams and 44 electric buses. The project is proposed under Green City Fram

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Project Information

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The project “GrCF W2 - Iasi Green Buildings” is an infrastructure initiative in the Government sector, located in Romania. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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Participants

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signed

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Description

Description

By 21-Oct-2021, the EBRD signed a provision of a loan of up to EUR 21 million to the City of Iasi to finance energy-efficiency enhancement investments in public buildings that include: i) rehabilitation of 15 public buildings owned by the city, and ii) reconstruction of a new bus and tram depot, designed and equipped for 32 trams and 44 electric buses. The project is proposed under Green City Framework 2 ("GrCF2") which will be complemented by technical cooperation ("TC") facilitated by the Bank for the development of a Green City Action Plan ("GCAP") to identify, prioritise, and address environmental challenges through a multi-sector approach. By December 2022, the EBRD is extending the original loan to cover some cost overruns associated with the original project. The amount of the loan extension is EUR 30m.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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