devinitorg/iati-policy-markers huggingface dataset:
ENA - Modernisation of Distribution Network Provision of a senior corporate loan of USD 80 million to Electric Networks of  Armenia ("ENA" or the "borrower" or the "company") to finance a 5-year  (2016-20) USD 200 mm investment programme for the modernisation of the  distribution network including the introduction of smart metering across  Armenia.  The loan supports the borrower in the modernisation of outdated Armenian power  infrastructure.  This will include:  (i) Reconstruction and modernisation of existing substations and lines and  replacement of outdated equipment;  (ii) Expansion of the automated electricity metering system (reading and  billing);  (iii) Expansion of the network and connection of new users;  (iv) Installation of a new automatic control system and other auxiliary  investments.
Regional - Tajikistan- Eskhata A senior loan of up to US$ 4.0 million (€3.4 million equivalent) to Bank  Eskhata under GEFF Tajikistan. It will promote investments in climate change  mitigation and adaptation technologies  The project objective is to promote investments in efficient climate change  mitigation and adaptation technologies and to contribute to Tajikistan's  transition to environmentally sustainable and climate-resilient economy.  Proceeds of the loan will be on-lent to private sector sub-borrowers in line  with the GEFF Policy Statement.
HTEC Project EBRD, together with the Enterprise Expansion Fund ("ENEF"), to provide  financing to HTEC doo Beograd ("HTEC" or the "borrower") in the form of a EUR  12.0m long term loan to support HTEC's growth and development strategy, the  first stage of which envisages the acquisition of the well-established Serbian  IT company Execom doo Novi Sad ("Execom" or the "target").  The project will enable the development of HTEC's strong regional R&amp;amp;D hub in  the Western Balkans which in return will support local engineering talent and  help offer world class services much needed under the conditions of remote  working patterns.
ISO - EMS, SCADA and IT upgrade The EBRD is extending a corporate loan to Nezavisni operator sistema u Bosni i  Hercegovini ('ISO') of up to EUR 8.5 million for i) upgrade of Emergency  Management System (EMS) and Supervisory Control and Data Acquisition (SCADA)  system; ii) implementation of new IT systems and iii) construction of ISO  premises (the Project).  The Project is critical to the liberalisation and market opening process in  Bosnia and Herzegovina ('BiH'). The state of the art EMS/SCADA systems will  improve significantly the country's power system reliability and stability and  will be the first important step towards the full implementation of a smart  grid in the country, leading to significant reduction of losses and grid carbon  emissions.
Project Detergent A MAD 440 million loan to Dislog Group S.A. to support the company's  acquisition of various companies in the FMCG and pharmaceutical sectors, as  well as construction and acquisition of industrial and logistics platforms. The  capex component also includes the installation of photovoltaic panels to supply  a significant portion of the company's annual energy consumption from renewable  sources and a green building certification.  The Project will enable the company to expand into the pharmaceutical sector  and capture higher added value in the FMCG supply chains in Morocco. In  addition, the loan will support the company's Green Economy Transition (GET)  investments and help close gender gaps among its workforce.
Albchrome loan to Yildirim Holding Senior secured loan of up to US$ 28m to Yildirim Albanian Mining Investments  Sh.p.k. and Albchrome Sh.p.k. for the purpose of the acquisition of Albchrome  Holding Sh.p.k. by Yildirim Holding A.S.. The loan will consist of two  facilities: Facility A of up to US$ 8,400,000 will be provided to refinance the  debt of Albchrome outstanding at the date of the acquisition, and Facility B of  up to US$ 19,600,000 will be to partially refinance the Group's funding of  advance for the acquisition.  The new ownership will bring to Albchrome a possibility to distribute its  products to a wider and more diversified customer base while Albchrome will  benefit from Yildirim's managerial and technical expertise in terms of  operation optimisation and transfer of skills. The Bank's participation will  result in the development of a Low-Carbon and Climate- Resilient Roadmap for  Albchrome.  The Project is fully in line with the Bank's Strategy for Albania (2020-2025)  which identifies promoting energy efficiency and enhancing private sector  competitiveness as strategic priorities in the country, and with the Strategy  for Extractive Mining Industries (2018-2022), which supports improvement of  operational efficiencies in mining projects and key metal extraction for  construction and renewable energy industry. Additionally, the Project is fully  in line with the Bank's Green Economy Transition Approach 2021-2025  (BDS20-082/F).
Diorama Fund II An equity commitment of up to EUR 30 million in favour of Diorama Investments  II RAIF S.C.A. (the "Fund").  The fund will make equity and equity-related investments in small and  medium-sized enterprises and mid-cap companies primarily in Greece and also in  selected opportunities in Cyprus, Romania, Bulgaria and Serbia.
Lyuban Wastewater Subproject The provision of a sovereign loan of up to € 2.94 million to the Republic of  Belarus for the benefit of Soligorskvodokanal (the "Company") to finance the  rehabilitation and reconstruction of wastewater treatment infrastructure in  Lyuban (the "Project").  This is one out of seven subprojects under the Belarus Water Sector  Framework, 3rd phase. Other subprojects are in Kletsk, Fanipol, Baranovichi,  Bereza, Zhlobin, Shklov.  The Project aims to enhance wastewater treatment quality to ensure compliance  with the national and EU/HELCOM standards/recommendations for effluent quality  treatment and reduction of air, soil, water pollution.  The Project will facilitate the advancement of water and wastewater sector  reform and improvement of the Company's operational and financial performance  and capacity.
Sustainable Reboot SME - Procredit Bank Macedonia Long-term senior unsecured loan of up to EUR 2 million to PCBM for on-lending  to small and medium-sized enterprises in North Macedonia. The loan is envisaged  under the Sustainable Reboot SME Programme ("Reboot SME").  The loan is intended to provide financing for on-lending to local SMEs for  investments in high performance technologies and services in order to introduce  and implement EU and other international quality standards. At least 70 per  cent of the use of the proceeds is expected to be related to Green Economy  Transition ("GET") investments.
VMG Mogilev WC Project The provision of a secured loan of up to €5 million to VMG Industry FLLC.  This project was approved in the context of the Bank's response to the  COVID-19 pandemic. To avoid delays to the delivery of this project, the Bank's  President granted a deviation from the ordinary timelines for PSD disclosure,  as contemplated by Section V of theDirective on Access to Information. Details  of the Bank's response to COVID-19, and this deviation, can be found on our  website.  The loan will bridge a liquidity gap due to adverse market conditions related  to the COVID-19 crisis. The loan will be used for working capital purposes and  will compensate limited availability of medium-term working  capital financing from local commercial banks.This project was approved in the  context of the Bank's response to the COVID-19 pandemic.  The loan will be used for working capital purposes
Sherabad Solar Project The provision of long-term senior debt of up to US$ 57.6 million for the  development, construction and operation of a solar photovoltaic power plant  with an installed capacity of 457 MW on a site located in the Sherabad district  of the Surkhandarya Region of Uzbekistan (project).  The project will be  developed by a newly established special purpose vehicle in Uzbekistan, which  will act as the borrower for the project financings.  Abu Dhabi Future Energy  Company PJSC (Masdar) will act as the sponsor for the project.  The Project will contribute to the strategic priority of the government of  Uzbekistan to increase the share of renewable projects in the national energy  mix. It will contribute to the mitigation of climate change impact by adding  457 MW of solar generation capacity to the national energy system and will  assist the country in its low-carbon transition drive.
Kazakhstan  Women in Business  - Shinhan Bank Loan The EBRD is providing a 5 year senior loan to Shinhan Bank Kazakhstan in the  amount of USD 5 million in KZT equivalent.  The financing will be used for on-lending to eligible women-led micro, small  and medium sized enterprises (MSMEs) in the country. The aim of the loan is to  promote women's entrepreneurship and access to finance, and more broadly  women's participation in business, through the development of a strong WiB SME  sector in Kazakhstan, by facilitating access to finance and advice for  women-led SMEs. The loan will be complemented by development of sustainable  credit mechanisms targeted to women-led SMEs through technical assistance to  Shinhan Bank; and technical support for women-led SMEs in accessing know-how,  non-financial business development services and networking opportunities.
Green Cities: Ulaanbaatar Green Affordable Housing The provision of a sovereign loan of up to US$ 20 million for financing the  design and construction of around 712 low-carbon and climate-resilient housing  units and associated infrastructure. It will be provided to eligible residents  on rent and rent-to-own terms. The project is located in Ulaanbaatar and is  being implemented by the City of Ulaanbaatar.  The Project will address Ulaanbaatar's priority environmental challenges of  poor air quality, water quality and climate change impact as identified by the  Green City Action Plan (GCAP) approved by the city in December 2019. The  Project will receive EDGE certification and will achieve 20 per cent better  performance in the area of energy, water and materials compared to the national  standards. It will also lead to significant climate resilience benefits through  improved public health due to the reduced exposure to climate risks, as well as  higher standards of inclusion and gender equality.
Yerevan Solid Waste Project The EBRD is providing a sovereign loan of up to EUR 8 million to the Republic  of Armenia for on-lending to the Yerevan landfill management company (the  company), a special purpose company wholly owned by the city of Yerevan (the  city).   The Project is co-financed by a EUR 8 million sovereign loan from the  European Investment Bank ("EIB"), by an EU NIF investment grant of EUR 8  million and an Eastern Europe Energy Efficiency and Environment Partnership  ("E5P") grant of EUR 2 million.  The proceeds of the loans and grant will be used to finance the construction of  an EU compliant landfill in Yerevan, a city of 1.1 million inhabitants.  The investment will be complemented by a TC package comprising implementation  support as well as corporate development support to the company. The company  will also receive support with the implementation of an Environmental and  Social Action Plan as well as a Livelihood Restoration Framework.
Green Cities 2 W2 - Ulaanbaatar District Heating Project The provision of a sovereign loan of up to US$ 10 million (€ 8.3 million) to  the state of Mongolia to be on-lent to the Ulaanbaatar District Heating Company  (the "Company" or "UBDH"), Company's Priority Investment Programme ("PIP")  includes i) the rehabilitation and the replacement of selected sections of the  district heating network, (ii) the installation of an energy-efficient booster  pumping station, (iii) other auxiliary investments, such as upgrading of  central heating substations ("CHS") or installing individual heating  substations ("IHS") in buildings directly connected to the UBDH network, (iv)  the construction of a new energy centre to serve the north of the city and (v)  the installation of DH accumulators, which could store heat energy either  produced during the night hours when the cost of electricity is minimal or at  times when CHP plants produce excess heat. The project is expected to be  co-financed by a capital grant from bi-lateral or multilateral donors or the  Special Shareholder Fund (or a combination of donor funding) amounting up to  US$ 5 million (€ 4.5 million).  The Project is expected to improve the quality of the Company's service by  modernising the central DH infrastructure.
Jordan MSME Framework- Jordan Ahli Bank A senior unsecured loan of USD 20 million equivalent to be disbursed in JOD  (approx. JOD 14million) to Jordan Ahli Bank to support lending to MSMEs in  Jordan. The loan is expected to have two tranches of USD 10 million equivalent  each. The term of the loan is 5 years with 2 years grace period.  To support lending to MSMEs in Jordan
ESIF: Vratsa Water Subproject The loan proceeds, blended with investment grants from Operational Programme  Environment 2014 - 2020 ("OPE"), will finance investments targeting  rehabilitation of over 54 km of water distribution pipes and 26 km of sewerage  network, acquisition of new equipment for a sewage pumping station and  construction of 15 new water metering shafts, 5 pressure-reducing valves  chambers and two storage sites for sludge, etc. In addition, complementary  performance-enhancing measures are foreseen (e.g. integration of GIS and  enhancing of SCADA systems).  The project's main objectives are (i) increasing compliance with the EU  directives concerning potable water and waste water treatment in large  agglomerations (above 10,000 population equivalent) and (ii) enhancing  operational efficiency.
Green Cities 2 W2 - Tbilisi Solid Waste Extension The sovereign loan to Georgia of up to EUR 3.03 million represents an increase  in financing under the existing project GrCF - Tbilisi Solid Waste Project  (Original Project). The incremental loan proceeds are to be used for a wider  upgrade of the leachate system in the Tbilisi City's landfill, a component  included in the Original Project.  The Project is part of Green Cities Framework 2 (GrCF2) and a follow-on  investment from Tbilisi's Green City Action Plan (GCAP). The project addresses  the GCAP-identified need for improvements in the City's solid waste system. It  reduces environmental pollution from the landfill and employs best available  technology in line with the EU standards.  The project aims to contribute to an improved level of solid waste services and  overall improved environment in Tbilisi.
Pol Sustainable Energy Efficiency Loan  Leasing: Bank Millennium The EBRD is providing a senior loan of up to €50 million to Bank Millennium  S.A. under the PolSEFF Leasing Framework (the Framework). Bank Millennium will  on-lend the proceeds of the loan to Millennium Leasing, which will provide  leasing finance to small and medium-sized enterprises (SMEs) in Poland (the  Project).  At least 70% of the proceeds will be used for financing sustainable energy  projects based on the pre-approved list of eligible materials and equipment,  while up to 30% will be used for the acquisition of equipment, light commercial  vehicles and trucks and trailers by SMEs.
Petropavlovsk Water The EBRD is providing a loan equivalent of up to USD 9 million to Kyzylzhar Su  LLP (the 'Company'), a water supply and wastewater management company in the  city of Petropavlovsk (the 'City') in Kazakhstan to support the rehabilitation  and upgrade of the water and wastewater system in the City.  The loan will allow the replacement and modernisation of parts of the obsolete  water supply and wastewater management infrastructure operated by the Company.  This will reduce energy consumption and water losses, increase reliability and  quality of provided water services, reduce maintenance and operating costs, as  well as a reduction in the negative environmental impact.
Kom Ombo Project Provision of a senior debt financing of up to USD 36 million, in addition to an  equity bridge loan of up to USD 14 million, to finance the construction and  development of a 200 MW solar PV project located in Kom Ombo, Egypt. The  Project will be one of the largest privately developed utility scale solar  plants in Egypt and will support the country in increasing its renewable energy  capacity.  This project was originally approved by Board in November 2020 and signed in  April 2021. Project cost has increased since signing from USD 157 million to  USD 173 million, while EBRD financing amounts have not changed.  The Project will further promote private sector participation in the Egyptian  power sector and increase the share of renewable energy in the energy mix in  line with the nationally declared targets. The Project is expected to further  improve the environmental characteristics of Egypt's power sector by reducing  emissions of local pollutants and CO2, as well as water consumption.
6th of October Dry Port The Bank provided a senior loan of up to USD 29.6 million (EUR 25 million) in  favour of October Dry Port Company (the "Borrower" or the "Company" or "ODP"),  a joint stock company established in Egypt to finance the design, development,  construction and operation and maintenance of the 6th of October Dry Port  ("DP6"), the first in land dry port in Egypt in the city of 6th of October,  west of Cairo (signed on 09 September 2021).     The Bank is proposed to provide an additional commitment of up to EGP 206.5  million (ca. USD 10.5 million) to finance additional costs related to the  Project.     The Project is the City's "trigger investment" under EBRD Green Cities  Framework 2 Window 2 ("GrCF2 W2") formally initiating 6th of October's  participation in the programme and enabling the start of the development of the  Green City Action Plan ("GCAP") with the New Urban Communities Authority  ("NUCA") for the 6th of October City.  The proposed Project will finance additional funding needs to enable the  Company to complete the development and construction of the sixth of October  Dry Port, the first inland dry port in Egypt and the first PPP in the sector.  DP6 will function as an extended gateway for the deep-sea ports located in  the northern and eastern regions of Egypt. DP6 will be the final destination of  the cargoes and will (i) provide efficient customs inspections and clearance  procedures, (ii) reduce congestion in the seaports, (iii) create economies of  scale by using intermodal rail services to/from the seaports and (iv) improve  the overall reliability and cost-efficiency of the logistics processes of the  dry port's future clients. Additionally, the Project is also expected to  transfer part of the container traffic from road to railway, thus realising  many social, environmental and economic benefits such as reduced road  congestion, accidents and environmental emissions.  In particular, the Project will lead to significant GHG savings and air  pollutants reductions and is  therefore consistent with the Green Economy Transition ("GET") Approach and  is 100 % GET.
Globalworth Real Estate The Bank participated in a new capital issuance by Globalworth Real Estate  Investment Limited ("GREIL" or the "Company"), a Guernsey incorporated public  limited liability company listed on the Alternative Investment Market of the  London Stock Exchange. The Bank's equity investment represents 4.4 per cent of  the Company's capital and voting rights. The Company owns and manages a  portfolio of office and logistics properties in Romania, leased primarily to  blue-chip multinational tenants, and recently acquired (with its existing cash  balance) through a tender offer a majority stake in Griffin Premium RE  ("GPRE"), a property company listed on the Warsaw Stock Exchange and investing  in Poland.  The EBRD's investment was a part of GREIL's capital increase on the London  Stock Exchange and the proceeds will be used to fund further growth of the  Company's operations in Romania and Poland (through GPRE).
Rural broadband rollout Provision of a sovereign loan to the Republic of Serbia to finance the  construction of mid-mile fibre broadband infrastructure connecting around 600  rural schools in Serbia to the existing fibre backbone network.  The project will support the deployment of mid-mile fibre broadband that will  connect existing fibre backbone to 600 schools in white zones (without access  to broadband network) in rural areas in Serbia. The project is part of a larger  initiative and represents the first of two phases, whereas the second phase  targeting around 900 schools is planned for 2021/2022 as a separate project.  Due to geographic isolation and low population density, deploying broadband  in white areas is not sufficiently profitable for any single operator. Mid-mile  network rollout and provision of this network to telecom operators on a  free-use rights basis will decrease the capex required for network expansion to  households in rural areas, making targeted white zones more attractive for  investment by operators. The Ministry of Trade, Tourism and Telecommunication  (MoTT) as client and implementing agency aims to incentivise telecom operators  to deploy last-mile broadband to households in white zones in rural areas,  which are not targeted for network expansion by any operator in the next 3  years.  The project will address the shortage of digitally skilled labour, which  Serbia is experiencing due to the recent rapid ICT sector growth and which now  presents a serious handicap to private sector development. The project will  also address the digital rural-urban divide, since the lack of broadband in  rural areas reduces the capacity of a large portion of the country's population  to fully participate in the modern economy.  The project is supported by the Western Balkans Investment Framework ("WBIF")  with a Technical Cooperation ("TC") grant in the amount of EUR 1.7 mln for  project preparation, whereas the EBRD acts as the lead IFI for this project.  The project is in line with the EBRD Country Strategy for Serbia (BDS/SB/17-1  /F), with the objective to improve the public governance and business climate  through "support to new technologies and innovation, benefitting from digital  switchover and broadband penetration", as well as with the ICT Sector Strategy  (BDS14-052).  The project contributes towards the Bank's Economic Inclusion Strategy  (BDS17-067) by opening up access to services that enhance economic  opportunities for people in less-developed regions. The project is in line with  the EU digital agenda, which supports transition into a digital economy,  bringing faster economic growth, more jobs, and better services. The project is  also in line with the Strategy for the Development of Broadband Networks and  Services adopted by the Serbian government in 2014, and with the Strategy for  the development of networks of new generations until 2023 from 2018. The  project is in line with Strategy for Development of Information Society and  Strategy for Development of Electronic Communications, which together make the  Digital Agenda for Serbia.
Banca Transilvania subordinated bond The EBRD invested EUR 100 million in a subordinated bond issued by Banca  Transilvania as part of a total aggregate issuance of EUR 285 million. This is  the first subordinated bond listed on the local market and is compliant with  the European Union's Capital Requirements Regulation and Capital Requirements  Directive IV (commonly referred to as CRR/CRD IV or Basel III).  With this investment, EBRD is seeking to support the optimisation of Banca  Transilvania's capital structure by increasing the weight of Tier 2 instruments  and MREL-eligible funding base, in line with the regulatory requirements to be  defined at European and local level.