RSS   Newsletter   Contact   Advertise with us

Slovenia: EIB lends EUR 31 million to Slovenian Elektro Maribor

Christian Fernsby ▼ | May 27, 2020
The European Investment Bank signed a EUR 31 million loan with Elektro Maribor, electricity distributor from Slovenia`s second largest city of Maribor; the loan will go towards maintenance or improvements in the reliability and in quality standards of electricity supply.
Maribor street
Slovenia   Maribor street
The EIB loan supports Elektro Maribor`s EUR 81,2 million investment in reconstruction and development of its electricity distribution network in order to minimise power blackouts and blackout-related damage to property and environment.

Topics: Slovenia EIB

Elektro Maribor will be able to reinforce and refurbish high, medium and low voltage networks, as well as expand the national electric grid with connection of new users and the integration of renewable energy generation. Investment will allow introduction of advanced metering systems, improving the collection of data and optimisation of investments, together with reduction of technical and commercial losses.