AB Kauno energija has signed a loan agreement with the European Investment Bank
14 September 2024 - 12:00AM
UK Regulatory
AB Kauno energija has signed a loan agreement with the European
Investment Bank
On 12 September 2024 AB Kauno energija has signed a 35 million
EUR long-term loan agreement with the European Investment Bank. The
loan will finance investments in the period 2024-2026 for the
modernisation of existing pipelines and the construction of new
district heating lines, the reconstruction of biofuel boiler
houses, the installation of heat pumps, heat storage tanks and
solar power plants. The investments will increase energy efficiency
and reduce the use of fossil fuels.
Kauno Energija Ab (LSE:0MRQ)
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Kauno Energija Ab (LSE:0MRQ)
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From Jan 2024 to Jan 2025