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LOANS & CREDITS January 30, 2020

North Macedonia Public Sector Energy Efficiency Project

WASHINGTON, January 30, 2020 - The World Bank’s Board of Executive Directors today approved the following project: North Macedonia Public Sector Energy Efficiency Project.

IBRD Loan: EUR 25 million ($27.4 million equivalent)

Terms: Maturity = 12 years, Grace = 3 years

Project ID:  P149990

Project Description: The project aims to reduce energy consumption in the public sector, and support the development and implementation of a sustainable financing mechanism for energy efficiency in the public sector.

More information about this project: https://projects.worldbank.org/en/projects-operations/project-detail/P149990


Kym Louis Smithies