Project details
Total investment (EUR):	135.000.000
Credit (EUR):	130.000.000
Equity funding (EUR):	5.000.000
Interest rate (max.):	2,75 % / year
Credit duration:	7 years
Grace period:	1 year
Employment:	200 people

Principal and partners are planning to renew electrical power stations and to buy capacity of power stations in Hungary.
Aims of the project:

• purchase and operations of power plant,
• maximum capacity utilization,
• economical operations,
• reducing polluting emissions,
• creating employment.

Principal intends to purchase and operate power plants in Hungary, which were installed mainly on fossil energies (like natural gas, lignite, petroleum) and previously uneconomically operated. It is also planned to restart and renew unused/broken power plants by rebuilding, increasing efficiency (waste heat recovery from flash steam) and operating economically. Part of the renewal will be to organise remediation programs and minimise polluting emissions. Operation of the power plants will produce new work places. The projets will create employment in a highly unemployed area of Hungary. The hired employees have to be properly trained. 

Principal and partners are planning to renew electrical power stations and to buy capacity of power stations.