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Each project is developed through a project-specific company (SPV). Vestronis acts as originator and developer and coordinates the parties each project needs. Contracting authorities keep their public role. Investors, lenders, contractors and operators each take the part their expertise suits.
Environmental, social and governance considerations are part of how we screen and develop opportunities, not something added at financial close.
We refer to these frameworks during screening. A reference does not mean certification, endorsement or confirmed alignment for any individual project.
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We publish a project only at the level its counterparties have approved. Many opportunities stay confidential until a mandate is formalised, and they never appear on this page.
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This acknowledgement confirms receipt only. It does not create a mandate, partnership or commitment by Vestronis.
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Use this channel for concerns about bribery, fraud, conflicts of interest, breaches of law or of our policies, at Vestronis or in projects we are involved in. Reports go to designated governance oversight personnel only, not to operational management. You can report anonymously.
You need this key to check progress and read messages from the ethics group. We cannot recover it for you, and it will not be shown again.
We aim to acknowledge reports within 7 days and to give feedback within 3 months. Counsel will confirm these periods for each jurisdiction.
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Whether you represent a public authority, an investor or lender, or a technical partner, tell us about the opportunity and we will route it to the right team.
For Vestronis, ESG is a design principle rather than a reporting exercise. Environmental, social and governance criteria shape which opportunities we pursue, how projects are structured and how they are delivered, from first screening through to operation.
Our ESG framework brings environmental, social and governance requirements into every stage of the project lifecycle. The applicable standards for each project are set by its jurisdiction, sector, procurement route and the requirements of its financing institutions. They are then assessed and verified project by project, never claimed across the board.
We start ESG work at origination rather than adding it before financial close. That way issues are found while design choices are still open, and lender due diligence builds on work already done.
We assess each project against the EU Taxonomy technical screening criteria at origination: substantial contribution to at least one environmental objective, doing no significant harm to the others, and meeting minimum safeguards. The result shapes both project design and eligibility for green finance.
We apply the IFC Performance Standards and equivalent lender requirements from origination. Social impact is managed as part of project design, not as a compliance item added at construction.
Our governance standards are designed around what development finance institutions and commercial lenders expect of the projects they finance, because we structure projects to attract that capital from the start.
Our exclusion list follows those used by development finance institutions. Opportunities that fall within it are declined at screening.
We map our activities to the UN Sustainable Development Goals at two levels. First, our twelve infrastructure sector platforms, where we set specific SDG targets and measurable indicators for each project at pre-feasibility and then track and report them through construction and operation. Second, our community work, which the wider Kelmendi group delivers through the Kelmendi Foundation. Where the Foundation contributes to a goal, the card shows it separately.
Qualifying investors, lenders and contracting authorities can request our ESG documentation. Some documents are released under confidentiality.
Beyond project-level ESG, Vestronis contributes to community and social impact as part of the wider Kelmendi group. The group's charitable, humanitarian and community-development work is delivered with and through the Kelmendi Foundation, an independent, non-profit, public-benefit philanthropic institution established by the Kelmendi Family together with Kelmendi Holdings Ltd.
If you live or work near a project Vestronis is developing, or are affected by one, you can raise a question, complaint or concern at any time. You do not need an account, a business relationship with Vestronis or legal representation, and raising a concern is free of charge.
Whether you represent a public authority, an investor or lender, or a technical partner, tell us about the opportunity and we will route it to the right team.