Croatia’s HEP will upgrade its combined heat and power plant near Zagreb to improve district heating and lower greenhouse gas emissions using 130 million euros ($152 million) in loans, the banks involved said on Tuesday.
The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) are providing the capital.
HEP plans to install two low nitrogen oxides gas turbines, two heat recovery steam generators and one back pressure steam turbine producing heat and power at the plant, they said.
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