According to the bank website, the project consists of a loan in the amount of up to EUR 22.5 million to the Republic of Kosovo, to be on-lent to "Termokos" JSC, the municipal district heating company, to co-finance the construction of a solar thermal plant to provide additional heat energy capacity to the district heating ("DH") network of the City of Pristina.
The Project will be parallel co-financed with a loan from Kreditanstalt fur Wiederaufbau ("KfW") in the amount of EUR 17.5 million and an investment grant in the amount of up to EUR 25.0 million from the Government of the Federal Republic of Germany. Technical cooperation grants are expected to be provided by the Renewable District Heating in Western Balkans programme ("ReDEWeB") or the EBRD Shareholder Special Fund ("SSF").
- Increase the share of renewable energy in Pristina's DH network, thereby enhancing the City's energy security and sustainability;
- Improve the financial and operational performance of the Company through the revision of tariff setting methodology and preparation of an infrastructure asset management plan.
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COMPANY CONTACT INFORMATION
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You can request information by emailing: firstname.lastname@example.org or by using this electronic form: https://www.ebrd.com/eform/information-request
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
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You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html