According to Total Croatia NewsPearl shared the information during a recent presentation of his projects at Virovitica.
The three plants, located in eastern Croatia, produce 18 MW of electricity per hour from biomass. These are the Energy 9 facility in Slatina, A&A Bioenergy Viro in Virovitica and Uni Viridas in Babina Greda.
The electricity produced in these three plants is sold to the Croatian grid under a state-guaranteed long-term power purchase agreement with the national operator, Total Croatia News reported. They also provide heat.
Ivo Milatić, secretary of the Ministry of Economy and Sustainable Development, said that the power plants have the status of energy producers “with preferential treatment”, and that there are many such producers in Croatia, generating 3 .4 TWh of electricity each year, while Croatia’s annual electricity consumption comes to 18.5 TWh.
Pearl Infrastructure Capital’s deputy managing director, Guillaume de Forceville, said that in a year the fund had made “considerable investments” in cogeneration. De Forceville said the company invested in Croatia because of its favorable regulatory framework. He said there were plans to make more investments, but did not specify the amounts.
France’s ambassador to Croatia, Gaël Veyssière, said Pearl Infrastructure Capital’s investments were an example of “good economic cooperation”.