29 September 2011
EBRD to Fund Construction of Energy Efficient Shopping Mall
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The shopping mall, in the city of Surgut, will be 25% more energy efficient than required by Russian law, and emit 5,000 tons less carbon annually than a standard building.

27 September 2011: The European Bank for Reconstruction and Development (EBRD) has raised US$69.6 million for the construction of an energy efficient shopping mall in the city of Surgut, Russian Federation.

Once completed, the mall will be 25% more energy efficient than required by Russian law, emitting 5,000 tons less carbon annually than a standard building. [EBRD Press Release]

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