French PEARL Infrastructure Capital invests 50 million euros in Croatia – report

ZAGREB (Croatia), February 10 (SeeNews) – French investment fund PEARL Infrastructure Capital has so far invested €50 million ($57 million) in Croatia’s energy sector, focusing initially on biomass cogeneration projects, local media reported Thursday.

“In our three factories in Croatia – in Slatina, Virovitica and Babina Greda, we invest some 2 million euros a year to improve the industrial and environmental efficiency of our factories,” reported the ICV news portal quoting Guillaume de Forceville, deputy managing director and senior investment fund manager, as said.

Company officials were not immediately available for comment.

In Slatina, the company officially commissioned a solar power plant on Thursday for the needs of its cogeneration plant with an electrical capacity of 5 MW and a thermal capacity of 13 MW Energy 9, local news portal www.icv reported. hr.

The company also owns the Uni Viridas plant in Babina Greda, the country’s largest biomass cogeneration plant in Croatia, with an electrical capacity of 8.6 MW and a thermal capacity of 16 MW and the A&A Bioenergy plant in Virovitica with a capacity electricity of 3 MW and a thermal capacity of 9.14 MW.

($= 0.874 euros)

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