October 22 (SeeNews) - The European Bank for Reconstruction and Development (EBRD) said on Wednesday that the Croatian pension funds of Austrian banking group Raiffeisen have joined an EBRD's ongoing equity investment of up to 16. 5 million) in IE-Energy Projekt, a.
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Rimac Energy, a division of Rimac Technology based in Zagreb, Croatia, specializes in high-performance battery energy storage systems.
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The project, valued at 60 million, marks the first step toward creating a virtual network of battery storage systems that would connect producers and consumers of renewable energy. The project has received a EUR 19. 8 million grant from the European Union's Modernization Fund.
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