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

More from Croatia

Stier for more active OSCE role in SE Europe

Attending the 23rd OSCE Ministerial Council in Hamburg on Thursday, Croatia's Foreign and European Affairs Minister...

Croatian President: Officials should refrain from commenting on Constitutional Court's work

Reacting to a statement by Interior Minister Vlaho Orepic that the Constitutional Court's judges were the biggest...

Kiowa Warrior military helicopters presented

Sixteen Kiowa Warrior military helicopters, procured as part of a project to equip the Croatian Armed Forces with...

EC requests Croatia to amend excise duty on ethyl alcohol

The European Commission on Thursday requested Croatia to amend the reduced excise duty rate for small producers of...

Ambassador Del Vechio says Bosnia's stability is Croatia's key interest

Croatia strongly supports the stability and integrity of Bosnia and Herzegovina and it will do everything in its...