April 20 (SeeNews) - The European Bank for Reconstruction and Development (EBRD) said on Monday that it is providing a 70 million euro ($82.3 million) loan to special purpose vehicles owned by Vienna-based independent power producer Renalfa IPP, as part of a 210 million euro financing package aimed at the development of a 450 MW solar photovoltaic (PV) park with a 250 MW /1 GWh co-located battery energy storage system (BESS) in Hungary.
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