GrCF2 W2 E2 Pristina Solar District Heating

disbursing

The Project consist of the construction of a solar thermal plant with a 30 MW capacity to provide additional heat energy capacity and extension of the district heating ("DH") network of the city of Pristina (the "Project"). The Project's scope includes a network extension which will be implemented in stages, with the first stage of up to 50 MW, of which 30 MW will be supplied from the solar thermal plant financed by the Project. The remaining 20 MW of network extension will be supplied from the existing combined heat and power ("CHP") facility at Kosovo B where no increase in coal consumption is expected due to the operating characteristics of the plant and its use of baseload electricity production. A further 20 MW network extension for a total capacity of 70 MW will be considered at a later stage, subject to further due diligence including confirmation of Paris Agreement alignment.