EBRD lends 150 million euros to Latvenergo

EBRD is lending 150 million euros for upgrading power plants run by Latvia’s Latvenergo, the state-owned group whose operations include generation, transmission and distribution of electricity and heat energy. Specifically, the loan will help Riga CHP-2 power plant to replace old generating facilities with two new state-of-the-art combined cycle gas turbine (CCGT) units.  ... Read more...