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Europe Daily Bulletin No. 7760

17 July 2000
Contents Publication in full By article 22 / 40
GENERAL NEWS / (eu) eib/luxembourg
EUR 80 million for electricity

Luxembourg, 17/07/2000 (Agence Europe) - The European Investment Bank has granted a loan of EUR 80 million to Twinerg in Luxembourg, for the construction and operation of a combined cycle power station running on natural gas, in Esch-sur-Alzette. Twinerg is 65% held by the Belgian electricity producer Electrabel, and 17.5% by two Luxembourg base companies Cegedel and Sotel (Arbed group). After its planned completion at the end of 2001, the power station should provide one third of the...

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