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Credit line for 1,900 energy efficency flats

GGF PROVIDES REAL ESTATE DEVELOPER M2RE IN GEORGIA WITH USD 11.5 MILLION LOAN FOR THE CONSTRUCTION OF ENERGY EFFICIENT HOUSING with the objective to :  Close to 1,900 new high quality, energy-efficient (EE) apartments to be built in Tbilisi and Modern insulation to result in annual primary energy savings of approx. 8,800 MWh and CO2 emission reductions of approx. 1,600  tons for the GGF loan

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Beneficiary country:

Start date: 
2015
End date: 
2017
Amount of support (M€): 
9.0
Further funds (M€): 
N/A

Sponsoring Agency or Donor: