The European Investment Bank (EIB) has approved a loan of €80m for Alperia’s hydroelectric power plants located in the province of Bolzano in northeast Italy.
Alperia manages 41 power stations in South Tyrol, producing an average of 4,500 gigawatt hours of clean energy each year and is seeking to upgrade its facilities and to increase production.
Works will include increasing the dam height to improve flood management and the removal of asbestos.
The total cost of the project is €190m.
Image: SXC
