Resalta, a Slovenian energy services provider, has locked in a €12 million ($13.1 million) loan from the European Investment Bank (EIB) to expand in southeastern Europe and the western Balkans.
Resalta said it is planning to use the credit package partly for digitalization and development of new energy management systems. The remaining part of the loan will go towards investments in new services and IT technologies crucial for the improvement of energy performance of buildings.
The project is the first operation in Slovenia signed under the European Growth Finance Facility (EGFF), a part of the Investment Plan for Europe, in which the EIB and the European Commission are strategic partners. EIB previously loaned Resalta €6 million ($6.5 million) in April 2019, which also was backed by the Investment Plan.
Southeastern Europe and the western Balkans have a higher-than-E.U.-average energy intensity ratio, and there is scope to increase energy efficiency. The ba
