Think GeoEnergy
Summary
Municipal utility company Energie und Wasser Potsdam (EWP) has signed a loan agreement with a banking consortium for a loan with a total amount of EUR 375 million. This represents one of the biggest investments in the company’s history, and will go towards a project that will transition the heating supply in Potsdam, Germany to geothermal energy.
The focus of the project is the replacement of the current gas-fired combined heat and power plant (CHP), and the transition to a more decentralized and renewable energy supply. The existing CHP is aging and is expected to reach the end of its life in a few years.
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#News#DistrictHeating#CHP