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Lebanon Finance News

Dedicated to economic and business news on Lebanon, managed by the team of Lebanon Opportunities.

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Water & Power

€80 million BDL-subsidized energy loans at zero interest. Financing scheme by EIB and AFD through local banks

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The European Investment Bank (EIB) and Agence Française de Developpement (AFD) will provide a financing facility of €80 million ($95.8 million) through local banks to finance energy projects.

The interest rate paid by the borrowers wil….
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Green loans subject to new changes. Semi-annual follow-up reports among new requirements

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A new set of technical eligibility criteria for National Energy Efficiency and Renewable Energy Action (NEEREA) loans has been announced.

The criteria were finalized by the Lebanese Center for Energy Conservation (LCEC) based on a request f….
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Islamic Bank loan for hydropower plants. Part of the Beirut Water Supply Project

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The Council of Ministers approved yesterday a loan agreement with the Islamic Development Bank (IDB) to fund the remaining part of the Water Supply Augmentation Project. The funds will be used for the construction of two hydropower plants generating….
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