Infrastructure Financing and Procurement

Mersin CNG Bus Project – Pre-signing Procurement Support
Mersin CNG Bus Project – Pre-signing Procurement Support 1280 853 ASPIRO

Narrative description of the supervised Project: Aspiro assisted Mersin Metropolitan Municipality, Urban Transportation Department in procuring 100 new buses (70 Solo, 30 Articulated) and related services. Estimated value of the project is 22 mil EUR, of which 15 mil EUR is financed by EBRD via a loan; and 7 mil.…

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Slovakia: Zvolen District Heating – Implementation support and contract administration
Slovakia: Zvolen District Heating – Implementation support and contract administration 394 273 ASPIRO

The International Investment Bank (the “IIB” or the “Bank”) provided a loan of up to EUR 30.9 million to the Zvolenská teplárenská, a.s. in the City of Zvolen in the Central Slovakia. The Bank’s financing is aimed to replace existing coal-powered combined heat and power plant ceased to meet emission…

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Gaziantep CNG Buses Project II – Procurement and Implementation Support
Gaziantep CNG Buses Project II – Procurement and Implementation Support 394 273 ASPIRO

Aspiro provided timely and effective on-site support, well managed the communication between the EBRD, GMM and the tenderers; helped to GMM to mitigate the risks that arose during the tender processes and played a key role in successful procurement of new 56 CNG buses under the EBRD PP&R without any…

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Montenegro Main Roads Reconstruction: Climate Resilience in the Montenegrin Road Network
Montenegro Main Roads Reconstruction: Climate Resilience in the Montenegrin Road Network 394 273 ASPIRO

The EBRD has provided a loan of 40 million EUR toward rehabilitation of three road sections, Rozaje-Spiljani, Tivat-Jaz and Danilovgrad-Podgorica. Since, there is a growing awareness among road infrastructure stakeholders of the impact of climate change on road network, the aim of the project was therefore not only to supervise…

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PPP training programme
PPP training programme 394 273 ASPIRO

Project Context: The Ministry of Finance of Montenegro has requested the EBRD to assist with the PPP capacity in public sector including the review and upgrade of the existing institutional set-up and the provision of training. The EBRD designed a technical cooperation project aimed at providing PPP capacity building and…

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Montenegro Climate Resilience
Montenegro Climate Resilience 394 273 ASPIRO

Aspiro led the stakeholder presentation of the climate adaptation strategy in Podgorica in the presence of several Montenegrin and international institutions including the Transport Administration, Directorate for Emergency Situations, Institute for Hydrometeorology, EBRD and UNDP. The objective of the strategy, which is expected to be adopted and implemented imminently, is…

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VIPA won the Gold Medal project EBRD on environmental and social innovation
VIPA won the Gold Medal project EBRD on environmental and social innovation 394 273 ASPIRO

VIPA Energy Efficiency Structured Loan – Feasibility Study (Lithuania) Project Context: The Lithuanian Public Investment Development Agency (“VIPA”), an agency of the Ministry of Finance of Lithuania, has approached the EBRD for a EUR 50.0 million loan.  The proceeds will co-finance a EUR 74.0 million European Union grant which is…

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Danilovgrad Municipal Infrastructure – Project Implementation and Procurement Support
Danilovgrad Municipal Infrastructure – Project Implementation and Procurement Support 394 273 ASPIRO

The Government of Montenegro, the Municipality of Danilovgrad and Public Utility Company Danilovgrad (the water supply and wastewater company which is fully owned by the Municipality), have applied to the EBRD to provide a loan to finance wastewater infrastructure for the urban part of the Municipality. The project includes construction…

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Latvia: Salaspils Energy Efficiency Project – Feasibility Study
Latvia: Salaspils Energy Efficiency Project – Feasibility Study 394 273 ASPIRO

Narrative description of the supervised Project: The Salaspils District Heating Company has approached the EBRD for a EUR 4.0 million loan to finance energy efficiency retrofits and renovations in apartment buildings, mostly demand side energy efficiency investments in six residential apartment buildings. The Company generates, distributes and sells heating energy…

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Montenegro Local Roads: Procurement Support for Civil Works Contracts
Montenegro Local Roads: Procurement Support for Civil Works Contracts 394 273 ASPIRO

Project Context: The EBRD has provided a loan of 20+5 million EUR toward reconstruction of local road Lubnice – Jelovica – Jezerine, connecting towns of Berane and Kolasin in northern Montenegro. The road is expected to shorten the time required from Southern Serbia and Kosovo to the Montenegrin coast by…

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