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 16.8 million euro ($19.5 million) in IE-Energy Projekt, a newly established joint-stock company developing a greenfield battery energy storage system (BESS) and virtual power plant (VPP) in Sibenik, southern Croatia.