European Investment Bank May Invest in Biodiesel Plant in Croatia
October 28, 2015http://www.biofuelsdigest.com/bdigest/2015/10/26/european-investment-bank-may-invest-in-biodiesel-plant-in-croatia/
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The European Investment Bank is currently evaluating a EUR38 million investment in a EUR50 million biodiesel project in Croatia.
The project consists of the construction and operation of a biodiesel plant that will produce renewable energy fuel mainly from used cooking oil and animal fat. The plant will certainly contribute to the national renewable energy targets in the transport sector.
The facility will be located at a port near a nature protection area. The environmental impact assessment was already completed in 2013 and all main environmental permits have been granted.
The promoter has been assessed by the EIB as a private company but is yet to be named.
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