Announcement

Collapse
No announcement yet.

ArmSEFF To Assist 12 Companies Operating In Various Sectors Of Econo

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • ArmSEFF To Assist 12 Companies Operating In Various Sectors Of Econo

    ARMSEFF TO ASSIST 12 COMPANIES OPERATING IN VARIOUS SECTORS OF ECONOMY

    PanARMENIAN.Net
    May 3, 2011 - 14:26 AMT

    International Energy Expert Myroslav Buryy said that the Armenian
    Sustainable Energy Financing Facility (ArmSEFF), which started its
    activity half a year ago, studies the possibility of financing 12
    Armenian companies operating in various sectors of economy.

    "Energy audit was conducted at six enterprises, during which free of
    charge technical assistance was provided. Besides, preliminary analysis
    is carried out in the rest companies," Buryy told a PanARMENIAN.Net
    reporter.

    According to him, there are great opportunities for energy saving
    in the food industry, field of services, processing industry, small
    hydro power plants, biogas projects and private hospitals.

    Anelik Bank is the first Armenian bank, with which the European Bank
    for Reconstruction and Development (EBRD) has launched the Armenian
    Sustainable Energy Financing Facility (ArmSEFF) to help Armenia
    develop competitive private businesses.

    $3mln was allocated to the bank for on-lending the energy saving
    field. $20mln will be allocated within ArmSEFF, while $5mln will be
    provided for the renewable energy sector.

    Buryy added that another 2-3 Armenian banks will become partners of
    ArmSEFF in 2011.




    From: A. Papazian
Working...
X