Ljubljana – The corporate Elektro Ljubljana and the European Funding Financial institution (EIB) have signed a mortgage settlement value 50 million euros, which Slovenia’s largest electrical energy distributor will use for community modernization and reinforcement. As emphasised by Elektro Ljubljana’s CEO City Likozar, these investments are essential for dependable provide.
In latest occasions, in line with Likozar, the necessity for financing investments within the distribution community has considerably elevated. “Electrification is happening at virtually all ranges, and renewable manufacturing sources are being related. We are able to say that the distribution community is a key participant in a good inexperienced transition,” he stated on the signing of the settlement in Ljubljana.
EIB Vice President Kiriacos Kakuris in the meantime said that the growth of the distribution community and making certain its reliability are important for supporting the nation’s electrification efforts, particularly in integrating renewable power sources, electrical car charging stations, and warmth pumps.
The mission, co-financed with an EIB mortgage, will embrace intensive upgrades such because the renovation and development of medium- and low-voltage overhead strains, underground cables, energy transformers, and transformer stations. The mission may also introduce sensible meters and different superior elements to extend power financial savings and start deploying new charging stations for electrical automobiles.
The whole worth of the mission is estimated at 164.2 million euros. The EIB mortgage enhances 55.2 million euros of EU funds, with the remaining prices to be lined by Elektro Ljubljana. (September 2)
