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GGF Support growth of EE and RE lending

 The Green for Growth Fund, Southeast Europe (GGF) signed a USD 15 million subordinated loan facility with JSC TBC Bank (TBC) in Georgia in order to strengthen TBC’s capitalization and support further growth of the Bank’s Energy Efficiency (EE) and Renewable Energy (RE) lending activities.

Theme:

  • Energy efficiency
  • Sustainable energy

Type of cooperation:

  • Investment Support

Beneficiary country:

Start date: 
2015
Amount of support (M€): 
12.0
Further funds (M€): 
N/A
Project URL: 
http://www.ggf.lu/press/detail/ggf-establishes-partnership-with-tbc-bank-in-geor...http://www.ggf.lu/project-portfolio/investments/georgia/

Sponsoring Agency or Donor: