Serbia | Green for Growth Fund

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Photo GGF - three wind turbines in front of blue sky

Investees/Clients
The Green for Growth Fund provides credit lines to financial institutions in Southeast Europe and in the Middle East and North Africa (MENA) for on-lending to private households, homeowners associations, businesses, municipalities and public sector entities to finance energy efficiency measures and renewable energy projects. GGF also provides loans directly to renewable energy companies and projects, energy service companies, small scale suppliers of energy efficiency and renewable energy services and equipment suppliers.
For more information about funding opportunities, please select among the following:
- You are▼
  A Financial Institution
  An Energy Service Company
  A Renewable Energy Project Developer
  A Supplier of Energy Efficiency and Renewable Services or Equipment
  A Municipality or Public Entity

Donors
The Green for Growth Fund is a unique Public Private Partnership with the goal to promote the development of energy efficiency and renewable energy markets in Southeast Europe and the Middle East and North Africa (MENA) through the provision of dedicated financing. It also provides well-tailored technical assistance for capacity building in partner institutions.
To learn more about the specific roles of donor agencies and private donors in the Investment Fund and Technical Assistance Facility, please choose among the following:
- You are▼
  A Donor to the Investment Fund
  A Donor to the Technical Assistance Facility

Investors
The Green for Growth Fund is a unique Public Private Partnership with the goal to promote the development of energy efficiency and renewable energy markets in Southeast Europe and in the Middle East and North Africa (MENA) through the provision of dedicated financing. It also provides well-tailored technical assistance for capacity building in partner institutions.
To learn more about the specific roles of international financial institutions and investors in the Investment Fund, please choose among the following:
- You are▼
  An International Financial Institution
  A Private Sector Investor

Consultants

The implementation of our technical assistance projects is entrusted to dedicated and competent consultants who provide the Partner Institutions of the Green for Growth Fund with high quality support. Experienced professionals with expertise in the energy efficiency and renewable energy sector are essential in achieving GGF´s goals. Therefore, support by independent consultants as well as by companies working in the aforementioned areas is highly appreciated.

If you are a consultant or a company offering services in the area of energy efficiency and renewable energies and interested in cooperating with GGF’s Technical Assistance Facility you are welcome to contact us. After screening your credentials, we will include your profile in our expert database for future reference. Please send your curriculum vitae or your company profile including information on your areas of expertise to the Manager of the GGF Technical Assistance Facility, Finance in Motion:

Finance in Motion GmbH
Gemma Ferst
Carl-von-Noorden-Platz 5
60596 Frankfurt am Main
Germany

Phone: +49 (0) 69 97 78 76 50 - 27
Fax: +49 (0) 69 97 78 76 50 - 10
E-mail: ta@finance-in-motion.com

Investments - Serbia

Status: as at 30 June 2017
Partner Institution	UniCredit Bank
Target Partner	Serbia
Counterparty Sector	Financial Institution
Signing Date	May 2017
Size	EUR 20 million
Project Description and Objectives	Finance renewable energy projects in Serbia.

For more information, please see
press release "UNICREDIT BANK PROVIDES EUR 20 MILLION FOR RENEWABLE ENERGY FINANCING WITH GGF SENIOR LOAN"

Partner Institution	ProCredit Bank RS
Target Partner	Serbia
Counterparty Sector	Financial Institution
Signing Date	June 2015
Size	EUR 20 million
Project Description and Objectives	Support the Bank's EE lending capacity in this business line with a strong focus in agricultural and SME lending.

Partner Institution	Intesa Leasing Beograd
Target Partner	Serbia
Counterparty Sector	Financial Institution
Signing Date	December, 2013
Size	EUR 5 million
Project Description and Objectives	Support expansion of the Bank's energy efficiency lending program, helping private households and businesses in Serbia reduce energy costs, consumption and CO2 emissions.

For more information please visit:
Press release "GGF AND INTESA LEASING BELGRADE SIGN EUR 5 MILLION ENERGY EFFICIENCY LOAN AGREEMENT"

Partner Institution	Banca Intesa Beograd
Target Partner	Serbia
Counterparty Sector	Financial Institution
Signing Date	July, 2012
Size	EUR 7 million
Project Description and Objectives	Support expansion of the Bank's energy efficiency lending program, helping private households and businesses in Serbia reduce energy costs, consumption and CO2 emissions.

For more information, please visit:
Press release: "GGF and Banca Intesa a.d. Beograd sign EUR 7 million energy efficiency loan agreement"

Partner Institution	Intesa Leasing Beograd
Target Partner	Serbia
Counterparty Sector	Financial Institution
Signing Date	April, 2012
Size	EUR 23 million
Project Description and Objectives	Support the development of an energy efficiency lending product within the bank, enabling private households and businesses in Serbia reduce energy costs, consumption and CO2 emissions.

For more information, please visit:
Press release "GGF €23 million financing to Komercijalna Banka to support energy efficiency investments in Serbia "

Partner Institution	Čačanska banka
Target Partner	Serbia
Counterparty Sector	Čačanska banka
Signing Date	June, 2011
Size	EUR 5 million
Project Description and Objectives	Support expansion of the Bank's energy efficiency lending program, helping private households and businesses in Serbia reduce energy costs, consumption and CO2 emissions.

For more information, please visit:
Press release "Green for Growth Fund and Čačanska banka sign energy efficiency loan"

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