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EIB mulls 38 mln euro loan for biodiesel plant project in Croatia

Author: HoSt. License: All rights reserved.

ZAGREB (Croatia), October 26 (SeeNews) - The European Investment Bank (EIB) said on Monday it is considering lending 38 million euro ($41.9 million) to an unnamed private investor for the construction and operation of a biodiesel plant in Croatia.

The project consists of the construction and operation of a biodiesel plant that will produce renewable energy fuel mainly from waste, used cooking oil and animal fat, the EIB said in a statement.

The total cost of the project is 50 million euro.

($=0.9062 euro)

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