EBRD launches Reenova+ energy efficiency facility in Croatia

The European Bank for Reconstruction and Development (EBRD) on Wednesday launched a EUR 60 million Reenova+ financing facility to encourage investment in the energy efficiency of the Croatian housing sector.

"Under the motto 'Energy efficiency starts at your doorstep', Reenova+ is a unique opportunity to reduce energy consumption in the Croatian housing sector, in privately-owned apartments, houses or buildings," said Vedrana Jelusic Kasic, EBRD Director for Croatia and Slovenia.

 The facility should simplify energy renovation by offering both financial and technical solutions online at www.reenovaplus.hr. This selection tool will provide a range of technologies which can make considerable savings in energy consumption.

EBRD will provide loans through commercial banks, initially through Erste Bank only.

Through the Reenova+ facility those interested will be able to apply for loans for the thermal insulation of walls and roofs, new windows, and energy efficient boilers and home appliances, Jelusic Kasic said.

According to deputy project manager Goranka Tropcic Zekan, the maximum amount of loan for private home owners is EUR 50,000, while suppliers and producers of energy efficiency products are entitled to a maximum individual loan of EUR 2.5 million or EUR 5 million cumulatively.

Last update: Wed, 04/05/2016 - 18:44
Author: 

More from Croatia

Grabar-Kitarovic: If there's no alternative, my office will stay at Pantovcak

Croatian President Kolinda Grabar-Kitarovic said on Saturday that if there was no alternative, her office would...

As many as 77% of Croatians ready to work abroad

As many as 77 percent of job seekers are ready to leave Croatia in search of work abroad, with 57% saying that they...

Grabar-Kitarovic says Lavrov appreciates her sincerity about Russia's role in SE Europe

Russian Foreign Minister Sergey Lavrov appreciates honesty and we have had a good, constructive relationship for...

Filming of "Robin Hood: Origins" starts in Dubrovnik

Otto Bathurst, director of "Robin Hood: Origins", to be filmed in Dubrovnik over the next two weeks, said at a news...

4,500 children gather in Rijeka for carnival procession

Some 4,500 children gathered in the northern Adriatic city of Rijeka on Saturday for a children's carnival parade,...