THE EUROPEAN Investment Bank has lent Euro 190 million to Danish electricity supplier and distributor Eltra, money that will be especially targeted on boosting renewable energy production and consumption in this environment-friendly country.

Eltra is a non-profit co-operative society wholly owned by 47 municipal and consumer-owned electricity distribution companies in Denmark. The loan will help it reinforce and expand the high voltage grid in the west of the country, improving links to renewable power suppliers, as well as boosting ...

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