Finland Project Notice - HELEN - GREEN TRANSITION CAPEX


Project Notice

PNR 58784
Project Name HELEN - GREEN TRANSITION CAPEX
Project Detail The operation consists of an investment into two renewable energy heat generation projects in the district heating sector. The projects are: (i) heat pump plant (ii) fuel conversion from coal to biomass pellets. Objectives The aim is to substitute fossil-fuel based central heating with a more sustainable and efficient renewable generation mix, resulting in a reduction of greenhouse gases emissions and lower air pollution. Sector(s) Energy - Electricity, gas, steam and air conditioning supply Proposed EIB finance (Approximate amount) EUR 150 million Total cost (Approximate amount) EUR 225 million
Funded By European Investment Bank (EIB)
Sector Energy & Power
Country Finland , Western Europe
Project Value EUR 22,500,000

Contact Information

Company Name HELEN OY
Web Site https://www.eib.org/en/projects/pipelines/all/20230640

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