PROJECTS IN WESTERN BALKANS | CRIMSON CAPITAL CORP.

Western Balkans Portfolio Risk Sharing Facility (PRS)

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU)

2026 - 2029

Funded by the European Bank for Reconstruction and Development (EBRD) and the European Union (EU), the Western Balkans Portfolio Risk Sharing Facility (PRS) is a portfolio guarantee facility that covers 50% of the credit risk on financing to target MSMEs. Working through partner financial institutions throughout the Western Balkans (Albania, Bosnia & Herzegovina, Kosovo, Macedonia, Montenegro and Serbia), PRS offers an innovative solution to addressing the financing gap that many MSMEs face due to lack of adequate collateral. The PRS facility is designed in particular to support rural business, businesses working in the agricultural or tourism sectors, woman-owned businesses, youth owned businesses, and businesses making investments in green energy or energy efficiency.

Western Balkan Green Economy Financing Facility (WB GEFF)

EBRD, the Austrian Ministry of Finance and the European Union

2017 - 2025

Funded by the European Bank for Reconstruction and Development (EBRD), the Austrian Ministry of Finance and the European Union, the Western Balkan Green Economy Financing Facility (WB GEFF) is a €85 million on-lending facility, designed to support investments in energy efficiency and renewable energy in the residential building sector in the Western Balkan region. Crimson is supporting implementation of WB GEFF through key senior management and partner-bank liaison positions in Albania, Bosnia & Herzegovina, Kosovo, Macedonia, Montenegro and Serbia.

Western Balkan Sustainable Energy Financing Facility II (WeBSEFF II)

EBRD and the European Union

2013 - 2018

Funded by the European Bank for Reconstruction and Development (EBRD) and the European Union, the Western Balkan Sustainable Energy Financing Facility II (WeBSEFF II) was a €92 million facility, designed to support investments in energy efficiency and renewable energy projects implemented by private companies (SMEs), Energy Service Companies (ESCOs) and municipal entities in the Western Balkans. Crimson supported implementation of WeBSEFF II through key senior management, partner-bank liaison, and municipal finance positions.