Project Detail |
Location:
Croatia
Project number:
53183
Business sector:
Energy
Notice type:
Private
Environmental category:
B
Approval date:
27 Jun 2023
Status:
Approved
PSD disclosed:
30 Jun 2023
Senior secured loan of up to EUR 12 million in favour of the Co-Borrowers to finance the development, construction and operation of a 30MW portfolio of three solar photovoltaic plants in Croatia. EBRD loan is approved under EBRD InvestEU Framework for Sustainable Transition.
Project Objectives
The project will contribute to climate mitigation by increasing the share of renewable energy generation in Croatia, through the addition of 30 MW of new solar generation capacity to the national electricity system. The project will strengthen private sectors role in the renewable energy sector in Croatia by bringing in a novel structure in the country, being a first full merchant renewable project in Croatia. |