$125m to improve energy efficiency in Georgia

Georgia has been granted a loan worth $125 million (£80m) to support energy efficiency in the Caucasus. Businesses looking to be more efficient can apply for a share of the loan. The Energocredit programme is supported by the European Bank for Reconstruction and Development (EBRD), the European Union’s Neighbourhood Investment Facility (NIF) and Austria. The EBRD claims cement producer Georgian Building […]