With WeBSEFF you will slash costs, boost profit margins, enhance competitiveness, avail of free expertise and get up to 20% of your loans reimbursed.
WeBSEFF is an acronym for Western Balkans Sustainable Energy Financing Facility, a EUR 60 million credit line set up by the EBRD and available from local bank for investments that results in more sustainable energy use.
Loans of up to EUR 2 million
Flexible loan amounts available to finance your investment
Expert advice
Our team of specialists can help you identify, design and implement projects that reduce energy use save money and repays for itself quickly.
Cash-back incentives
Once you’ve completed your project, we’ll even reimburse 15-20% of its cost!
Energy costs money: Firms in the Western Balkan use around three times as much energy as their EU competitors per unit of output. That’s bad enough now, when electricity costs firms in these countries less than half what it does in some EU countries. But power prices go up so it makes sense to invest now.
Energy efficiency investments pay for themselves quickly: In some cases, energy costs saved can cover energy efficiency investments in less than a year. Check out our case studies!
WeBSEFF has now given local banks the green light for 98 projects worth a total of EUR 49.1 million. All projects meet the WeBSEFF minimum technical requirements and will pay back in a maximum of 5 years from energy savings. 73 of the 98 applicants have also met the bank’s own requirements. 25 are still awaiting final approval.
