“I believe that the banking system’s fear of getting involved in energy sector financing, especially hydropower, is not justifiable. This kind of behavior is senseless because a legal framework on guarantees exists,” Prifti said in a statement after meeting banking heads and representatives of concession projects.
He said his ministry is preparing a legal framework on renewable energy, which provides legal guarantees for bank financing.
Out of 99 concessionary projects in Albania, 44 have been successfully developed, the minister added.
Source:balkans.com
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