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Croatia's HEP secures loans to upgrade Zagreb plant

Reuters Summary 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 ...

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Ukraine: New agreement to boost energy efficiency investments in universities and municipal infrastructure

The Financial Summary The European Investment Bank and the multi-donor Eastern Europe Energy Efficiency and Environment Partnership (E5P), which is partially funded by the EU, have signed grant agreements amounting to €16.4m to support higher education and municipal infrastructure in Ukraine...

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From waste to energy, EU backs construction of Lithuanian heat and power plant

New Europe Online Summary On January 17, the European Commission adopted two funding decisions to support the construction of a combined heat and power plant in Vilnius designed to produce electricity and heat out of biomass and municipal waste. According to the Commission, the plant will...

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EIB to finance construction of CHP plant in Sofia

Mario Tanev, See News Summary SOFIA (Bulgaria), October 19 (SeeNews) – The European Investment Bank said its board has approved a 45 million euro ($53 million) loan to Sofia municipality to finance the construction of a new combined heat and power (CHP) plant for the Bulgarian capital’s...

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District heating included in EIB financial package

Diarmaid Williams, Decentralized Energy Summary The European Investment Bank (EIB) has approved financing which is set to benefit small scale biomass and district heating in Europe. It’s part of investment totalling €1.3 billion (£1.14bn) aimed at energy and water projects worldwide...

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Italy to boost energy efficiency with EU loans

Metering & Smart Energy International April 3, 2017 Summary The European Investment Bank (EIB) and Italy's BPER Banca Group signed a Memorandum of Understanding (MoU) to improve energy efficiency in Italy. In a combined statement, the two banks said they will provide EUR50...