As part of a banking consortium, OTP Bank Albania is supporting the photovoltaic project in Sheq- Marinas, aiming to accelerate Albania’s energy transition and long-term development.
OTP Bank Albania, a leading institution in innovation and sustainable financing, proudly announces its participation in the €20 million syndicated loan for the construction of the photovoltaic plant in Sheq-Marinas, in the city of Fier.
By joining this project, OTP Bank Albania is actively contributing to the growth of the local economy through a major renewable energy initiative. This commitment reflects the bank’s extensive experience in financing infrastructure and other strategically important projects in the renewable energy sector—such as the Ayen AS project (€110 million syndicated loan), as well as road and airport infrastructure investments.
Meanwhile, the facilitation provided by the Bank of Albania—through the risk weight reduction (from 100% to 50%) for infrastructure development loans—has played a crucial role in enabling the financing of such high-impact projects, helping banks manage these investments more effectively.
“Increasing financing for the renewable energy sector is one of our strategic priorities. As part of this important consortium, OTP Bank Albania reaffirms its commitment to building a green and sustainable future for Albania,” – stated Mr. Bledar Shella, CEO of OTP Bank Albania.
This financing not only supports clean energy and the diversification of energy sources but also underscores OTP Bank Albania’s role as a reliable and forward-thinking partner in the country’s long-term economic development.
As part of OTP Group — one of the largest and most stable banking groups in Central and Eastern Europe — OTP Bank Albania brings international expertise and innovative approaches to the Albanian banking market. The Group’s support enables long-term, sustainable financial solutions that contribute to accelerating Albania’s green transition and economic growth.