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Support EE lending product for households

The GGF loan will strengthen ACBA-Crédit Agricole Bank's capacity to provide long term financing for energy efficiency (EE) investments and small-scale renewable energy (RE) projects in Armenia. The energy efficiency measures to be financed through the GGF facility are projected to result in primary energy savings of more than 23,000 MWh and a reduction of CO2 emissions of 3,800 tons per year.

Theme:

  • Energy efficiency
  • Sustainable energy

Type of cooperation:

  • Investment Support

Beneficiary country:

Start date: 
2013
Amount of support (M€): 
5.0
Loan or Grant: 
Loan
Further funds (M€): 
N/A
Project URL: 
http://www.ggf.lu/project-portfolio/investments/armenia/

Sponsoring Agency or Donor: