AFRY to advise on sustainable energy projects for European Bank for Reconstruction and Development

Source: press release, 22 April 2021

photo: AFRY
photo: AFRY

AFRY has been selected as one of the framework consultants to provide the European Bank for Reconstruction and Development (EBRD) with advisory services on project preparation stages for the coming 3 years.

In 2019, the EBRD launched a tender with the purpose of engaging a pool of selected consultancy firms to support them in their strategy of financing sustainable projects within the “Energy Infrastructure Window”. The framework consultants were selected last October and entered into the agreement at the end of 2020. The EBRD is highly committed to enabling energy transition by investing and financing sustainable projects in their 37 countries of operation.

AFRY will support the EBRD by providing advice with its services. They will assist the Bank in the definition, screening, scoping and strategic planning of the projects that the EBRD they intend to finance and will provide implementation strategy advice. AFRY has sound expertise in the energy sector and deals with several different technologies including renewable projects, district heating systems, cogeneration power plants and transmission and distribution networks.

“The objectives of the framework agreement are perfectly aligned with our mission to actively create an impact and drive the change towards the energy transition,” says Alessio Giuffra, Managing Director of AFRY Italy.

With more than 4,000 experts dedicated to the Clean Energy and sustainable projects, in more than 80 locations throughout Europe, the Middle East, Asia, Africa and Latin America, AFRY covers services across management consulting, engineering, capex projects, operations and digital solutions.

“We take pride in being committed to sustainable development, which protects the environment as well as making good business sense, in everything we do. Therefore, we are honoured to provide our services to the EBRD. As experts in the energy sector, we have the responsibility to deploy our wide spectrum of expertise to support all energy stakeholders’ decisions and strategies,” says Alessio Giuffra.