EIB FINANCES PORTUGAL, SPAIN CLEAN COAL PLANTS
August 1st, 2006
BY KEITH NUTHALL
THE EUROPEAN Investment Bank (EIB) has drawn up plans to lend Portuguese electricity utility EDP (Energias de Portugal) up to Euro 180 million to retrofit three coal-fired power stations in Spain and Portugal. The plan is to research, design, build and install clean coal technology, namely flue gas abatement systems, removing SO2, NOx and particulates.
One new system would be built at Sines, southern Portugal, where four units of 314 MWe each would benefit; and two would be in Spain's Asturias region: the Soto Ribera III 350 MWe plant and the ...
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