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2012-04-01 00:00:00
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The European Bank for Reconstruction and Development said it is considering arranging financing of up to EUR400m for the construction of the new 750 megawatt lignite-fired power plant in central Serbia, SeeNews reported March 29. In a statement, EBRD said the financing for the project company, a joint venture between Italy's Edison and Elektroprivreda Srbije, would be arranged through the use of the banks A/B loan structure and/or by parallel loans from commercial lenders.
The new plant would replace a number of obsolete power generation units in the country, the statement added. The project would be the first significant private sector investment in Serbia's power generation sector. Its cost is still not determined.
Source: bne
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