MWH-led consortium wins SEFF contract

A consortium led by wet-infrastructure company MWH has been awarded a contract by the European Bank for Reconstruction and Development (EBRD) to launch and operate a $200m (£133m) credit line for energy-efficient investments in Turkey, entitled TurSEFF (Turkey Sustainable Energy Financing Facility).

The consortium’s role will include helping prospective borrowers identify the best solution for their investment needs, and preparing loan applications.

As project consultant, the consortium will assist with the design, launch and successful operation of the SEFF facility and will be responsible for marketing the facility, defining technical eligibility criteria and appraising sub-projects against a set of criteria.

As ex-post monitoring consultant, it will ensure that the objectives of the TurSEFF are met by checking and confirming projects have been successfully completed and are on track to meet the planned energy savings.