π Tender Overview
Project ID: 56078
Status: Exploratory
Location: Romania
Business Sector: Municipal Infrastructure
Notice Type: State
Environmental Category: B
Approval Date: 23 Jul 2025
Disclosure date: 19 May 2025
Project Description
Provision of a senior loan in the amount of up to EUR 30 million to the City of Timisoara (the "Client", or the "City") to support, alongside the European Union ("EU"), key municipal infrastructure investments, as follows: (i) rehabilitation of the district heating ("DH") network and (ii) urban regeneration investments, including public lighting, bike lanes, green spaces, and irrigation systems (the "Project").
Project Objectives
Provision of a senior loan in the amount of up to EUR 30 million to the City of Timisoara (the "Client", or the "City") to support, alongside the European Union ("EU"), key municipal infrastructure investments, as follows: (i) rehabilitation of the district heating ("DH") network and (ii) urban regeneration investments, including public lighting, bike lanes, green spaces, and irrigation systems (the "Project").
Transition Impact
ETI 70
The Project is part of the EBRD's Green Cities Framework 3 (''GRCF3'') whose primary goal is to achieve significant environmental improvements in the target cities. The GrCF3 also aims to build necessary capacity and facilitate stakeholders' engagement in order to improve the governance, operational efficiency and financial sustainability in the respective cities and municipal sectors.
This Project will primarily promote the Green transition quality by improving energy efficiency in the district heating sector and by improving connectivity and environmental sustainability, as part of the urban regeneration investment.
The Project will also support the Resilient transition quality through the delivery of sustainable public services, climate-proof design, community involvement, smart systems, robust utilities and adaptive planning.