Central European Initiative and EBRD work hand in hand

On 22 February, the First Committee of CEI National Coordinators meeting was held in Rome. At the meeting, the CEI National Coordinators approved four technical cooperation projects to be supported by the CEI Fund at the European Bank for Reconstruction and Development (EBRD), financed by Italy (2018 budget). Through its Technical Cooperation Programme, the Fund offers grant-type assistance in support of specific components of investments and operations of the EBRD. Technical Cooperation operations include support for feasibility and pre-feasibility studies, sector and environmental engineering, management training, capacity building, pre-loan audits. The project in Northern Macedonia of EUR 150,000, targets the development of renewable sources of energy in North Macedonia, particularly the wind power development. The CEI support will finance the technical assistance linked to an estimated EBRD investment amounting to 25 million EUR for the construction and operation of a wind farm in the southeast part of the country. The needed technical assistance will provide wind resource assessment, wind measurement as well as the project basic design and technical characteristic of the power plant. More information here…

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