tendering and pre-construction
Stage
The 50 MW Belsh PV project in Albania secured financing, including a €30 million loan from the European Bank for Reconstruction and Development and a €9.25 million grant from the Western Balkans Investment Framework. This financing supports the development of the utility-scale solar project, which is currently in the tendering and pre-construction stage, reflecting growing investor confidence in Albania's evolving electricity market.
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Counterparts (2)
Lender
European Bank for Reconstruction and Development
company
The European Bank for Reconstruction and Development (EBRD) is a multilateral development bank that invests in projects in emerging economies across three continents. It supports projects that promote private sector development, sustainable infrastructure, and the transition to a green economy.
Western Balkans Investment Framework
company
The Western Balkans Investment Framework (WBIF) is a joint initiative established in 2009 by the European Commission, IFIs, and bilateral donors, providing financial and technical assistance for strategic infrastructure projects across the Western Balkans. Coordinated from Brussels, Belgium, it has mobilized over €20 billion in total investments across more than 200 projects in sectors including transport, energy, environment, and digital infrastructure.
Deal Analysis
The 50 MW Belsh PV project in Albania is moving forward into its tendering and pre-construction phase, backed by €39.25 million in new financing. The European Bank for Reconstruction and Development, known for investing in emerging economies, is providing a €30 million loan, alongside a €9.25 million grant from the Western Balkans Investment Framework. This capital injection supports the utility-scale solar development, indicating continued momentum for Albania's evolving electricity market.
- €39.25 million total financing for the 50 MW Belsh PV project.
- EBRD providing a €30 million loan, complemented by a €9.25 million grant from the Western Balkans Investment Framework.
- Project is currently in the tendering and pre-construction stage in Albania.
- Financing was announced for 2026-03-13.
Source Intelligence
KEY DETAILS
The project is currently at the tendering and pre-construction stage. Quote: "with the project currently at the tendering and pre-construction stage."
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Deal Size
Financing for the project has been secured, including a €30 million ($34.3 million) loan from the European Bank for Reconstruction and Development and a grant from the Western Balkans Investment Framework totaling around €9.25 million
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Capacity
Gordani cited the 50 MW Belsh PV project
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Location
Gordani cited the 50 MW Belsh PV project, located around 50 km south of the capital Tirana
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Financials
€30 million ($34.3 million) loan from the European Bank for Reconstruction and Development
PARTIES MENTIONED IN SOURCE
E
European Bank for Reconstruction and Development
lender
"€30 million ($34.3 million) loan from the European Bank for Reconstruction and Development"
W
Western Balkans Investment Framework
lender
"grant from the Western Balkans Investment Framework totaling around €9.25 million"
high quality
Enriched Mar 13, 2026
Global Infrastructure Sherpa