EBRD, UniCredit finance 50-MWp solar project in Bosnia

• EBRD funds EUR 25.1 million for Bosnia's largest solar farm, supporting renewable energy transition and sustainability goals.

The European Bank for Reconstruction and Development (EBRD) is providing EUR 25.1 million in debt financing for a 50-MWp solar farm complex in Bosnia and Herzegovina. The loan will be given to domestic utility Elektroprivreda Bosne i Hercegovine (EPBiH), with an additional EUR 15 million loan from UniCredit Bank d.d. The project will involve the construction of two adjacent photovoltaic farms on a former coal ash landfill site in Gracanica, making it EPBiH's largest PV site.

This solar project is part of a collaboration between EBRD and EPBiH to support the transition to renewable energy in Bosnia and Herzegovina. It also aligns with the national goal of achieving a 43.6% renewables share in gross final energy consumption by 2030. The funding will help boost the country's renewable energy capacity and contribute to its sustainability goals.

How is EBRD supporting Bosnia and Herzegovina's transition to renewable energy?

• EBRD is providing EUR 25.1 million in debt financing for a 50-MWp solar farm complex in Bosnia and Herzegovina
  
• The loan will be given to domestic utility Elektroprivreda Bosne i Hercegovine (EPBiH), with an additional EUR 15 million loan from UniCredit Bank d.d.
  
• The project will involve the construction of two adjacent photovoltaic farms on a former coal ash landfill site in Gracanica, making it EPBiH's largest PV site
  
• This solar project is part of a collaboration between EBRD and EPBiH to support the transition to renewable energy in Bosnia and Herzegovina
  
• The project aligns with the national goal of achieving a 43.6% renewables share in gross final energy consumption by 2030
• The funding will help boost the country's renewable energy capacity and contribute to its sustainability goals.