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EBRD backs Croatia’s first grid-scale battery storage and virtual power plant
The European Bank for Reconstruction and Development (EBRD) is providing a direct equity investment of up to €16.8 million in IE‑Energy Projekt, a newly established joint‑stock company developing a greenfield battery energy storage system (BESS) and virtual power plant (VPP) in Šibenik, Croatia. EBRD’s investment is approved under the EBRD Direct Finance Framework non-SME. The Project also envisages…
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EBRD supports green transition in Croatia with €12.2 million loan for Novalja solar PV plant
The European Bank for Reconstruction and Development (EBRD) is supporting Croatia’s green energy transition with a senior non-recourse project finance loan of up to €12.2 million to RP Global Novalja d.o.o., a subsidiary of RP Global. The financing will enable the development and construction of the 21 MW Novalja solar photovoltaic (PV) plant in Croatia. The…
