The social development bank for Europe

Improvement of energy efficiency in multi-apartment buildings

  • Approval date

    13 November 2020

  • Borrower

    Republic of Lithuania

  • Country

    Lithuania

  • Loan size

    € 67 500 000

  • Line of action

    Environmental sustainability

  • Status

    Completed

This additional loan request of €67.5 million, increases the total amount of the loan to €167.5 million in order to part-finance eligible investments in energy efficiency improvement projects and retrofitting works of multi-apartment buildings.

Final beneficiaries will be the inhabitants of Lithuania living in multi-apartment buildings, including low-income households, who will benefit from lower energy consumption and reduced heating costs, thus diminishing the burden on the environment and improving living conditions.

CEB approves €67.5 million to Lithuania for energy efficiency investments

Press release 16 November 2020

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