EIB SUPPORTS MODERN CLEAN COAL POWER PLANT IN GERMANY

BY KEITH NUTHALL

THE EUROPEAN Investment Bank has announced plans to lend operators power plant STEAG Aktiengesellschaft, Germany, and ENV AG, Austria, Euro 420 million, to help build a 750 MW coal power station, using the latest emissions control technology. The plant would be at the Ruhr Valley's Duisburg-Walsum, a region with a long coal mining tradition.

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