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Harrisons Advises EBRD on EUR 12 Million Loan to Autonomous Province of Vojvodina

Harrisons Advises EBRD on EUR 12 Million Loan to Autonomous Province of Vojvodina

Serbia
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Harrisons has advised the EBRD on its EUR 12 million unsecured loan to the Autonomous Province of Vojvodina, in Serbia, for the financing of the implementation of energy efficiency measures in around 80 public buildings in 20 municipalities.

"The buildings are predominantly from the educational, administrative, and healthcare sectors," Harrisons informed. "The project will be co-financed by an investment grant of EUR 2 million provided by the EU under the Regional Energy Efficiency Program for the Western Balkans."

According to the firm, "the funding of this project will primarily help promote a green transition quality as it facilitates energy efficiency renovation of public buildings, contributing to mitigating climate change. The project is expected to result in around 53% of savings in total energy consumption, 56% of savings in carbon dioxide emissions, and significant health and environmental benefits."

The Harrisons team was led by Principal Mark Harrison and Consultant Ines Matijevic-Papulin and included Associates Mina Zeljkovic and Aleksandar Jovicevic.

Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

Firm's website: https://www.kinstellar.com/

 

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