EBRD Boosts Power Generation in Baltics

The European Bank for Reconstruction and Development is lending 71 million euros (USD96 million) to provide reliable energy supply in Lithuania and the Baltics. The loan will be administered by AB Lietuvos Elektrine to help build a new combined cycle gas turbine plant.

About the author

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    Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.