Croatian HEP to Invest EUR 133 Million in Projects Annually

, Investors

The Croatian state-owned power utility Hrvatska elektroprivreda presented its ten-year plan for the development of the distribution network, including a detailed elaboration of the initial three-year and one-year period as well as planned investments in substations, which Croatia’s energy market regulator HERA approved in April this year, HEP said in its local news publication.

Investments in power plants and infrastructure will amount to about HRK 650 million a year, and an additional HRK 350 million for investment in electricity requirements and connections, totalling EUR 133 million.
According to the news published on HEP’s website, the plan includes measures to guarantee the development of the distribution network in such a way to meet reasonable demands for the distribution of electricity.