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Montenegro Project Notice - Education Energy Efficiency Project


Project Notice

PNR 62978
Project Name Education Energy Efficiency Project
Project Detail Location: Montenegro Project number: 54660 Business sector: Municipal and environmental infrastructure Notice type: State Environmental category: B Approval date: 11 Sep 2024 Status: Concept Reviewed PSD disclosed: 26 Jun 2024 The provision of a sovereign loan in the amount of up to €20 million to the Government of Montenegro, to finance implementation of energy efficiency measures in 24 public educational buildings located in 10 cities across Montenegro (the "Project"). The buildings include 18 elementary schools, 3 secondary schools, 2 kindergartens and one high education school. Project Objectives Improvement of the energy performance of the selected public educational buildings and enhancement of thermal comfort, better health and well-being for over 19,000 users via improvement of heating, cooling and ventilation systems and thermal insulation of the buildings envelope. Contribution to the reduction of GHG emissions and energy consumption, yielding electricity and heating savings.
Funded By European Bank for Reconstruction and Development (EBRD)
Sector Energy & Power
Country Montenegro , Southern Europe
Project Value EUR 24,100,000

Contact Information

Company Name MONTENEGRO SOVEREIGN
Address Spasoje Ostojic; kabinet@mpni.gov.me +382 20 410 100 +382 67 020 011 https://www.gov.me/mps Vaka Djurovica bb 81000 Podgorica Montenegro
Web Site https://www.ebrd.com/work-with-us/projects/psd/54660.html

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