December 20 (SeeNews) - Elektroprivreda Republike Srpske (ERS), the power utility of Bosnia's Serb Republic, plans to issue green bonds in Slovenia to finance renewable energy projects, local media reported.
ERS has transferred 100,000 marka ($56,070/51,129 euro) to its subsidiary in Slovenia, ERS Trading, to conduct a study on issuing green bonds in the country, news provider Capital reported on Tuesday.
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ERS established ERS Trading in Slovenia at the beginning of 2023, according to the report.
The Serb Republic is one of two autonomous entities that make up Bosnia and Herzegovina. The other one is the Federation.
(1 euro = 1.95583 marka)