Original disclosure @ EIB website
Updated in EWS Jan 9, 2021
Disclosed by Bank Jun 11, 2020
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The project will finance the upgrade of the heating networks and heat generation assets located in Kaunas city and in several other smaller municipalities in Lithuania.
The project is an investment programme comprising numerous sub-operations from installation of biomass and gas-fired boilers to the modernisation and extension of district heating grids. Some sub-operations may fall under Annex II of the Environmental Impact Assessment (EIA) Directive thus requiring a review by the competent authorities at the planning/consent stage with due regard to the necessity for environmental and biodiversity impact and appropriate assessments. The environmental management capacity of the promoter and environmental aspects of the investments, including compliance with Industrial Emissions Directive 2010/75/EU and other EU legislative acts, will be appropriately assessed as part of the Bank's appraisal process.
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