EBRD funds Croatian district heating upgrade

Croatia’s largest port city is to receive €10 million to fund upgrades to its district heating network.

A loan from the European Bank for Reconstruction and Development (EBRD) will support the city of Rijeka’s programme to modernise its district heating system in response to rising heat demand and in line with EU regulations. The loan will go to district heating service provider Energo-Rijeka, which has a 30-year contract with the city.

Works will include rehabilitation of the existing network, a new energy management system and a new combined heat and power plant.

The government of Austria has said it will also contribute funding to support the project, and the EBRD’s Shareholder Special Fund will offer technical assistance.

Vedrana Jelušić Kašić, EBRD director for Croatia, said, ‘The investment will have a positive impact thanks to operating improvements, including reduction of heat and water losses and environmental and economic benefits.’  

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