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Croatia: 130M EU loans for greener energy in Zagreb

(ANSA) - BELGRADE, 25 LUG - Croatia's national energy company Hrvatska elektroprivreda (HEP Group) has secured 130 million euros in loans from the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB). The funds will allow HEP to upgrade the heat and power plant co-generation and the district heating in Zagreb, replacing outdated oil- and gas-fired turbines and boilers. "EBRD, EIB and EU Commission join forces to support Croatia's energy company HEP", providing support to "modern and environmentally friendly system to benefit population and improve efficiency," a EIB statement reads. The funds will be used to modernize the Elektrana-toplana near Zagreb, where new combined cycle gas turbine units will generate 150 MW of electrical energy and 114 MW of thermal energy, with "lower greenhouse emissions." (ANSA).