Improving Riga District Heating Infrastructure
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Approval date
15 November 2024
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Borrower
Rīgas Siltums AS
- Country
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Loan size
€ 40 000 000
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Line of action
Promoting Inclusive and Resilient Living Environments
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Status
In progress
This Public sector Financing Facility (PFF) aims to support the Borrower to ensure the reliability and sustainability of district heating services in Riga, through the replacement of old network pipes to prevent future pipe bursts and reduce heat losses, and the extension of the district heating network to unserved city areas.
Final beneficiaries: Current and future users of the Riga district heating system, such as inhabitants of residential buildings, including refugees and low-income households, as well as commercial and administrative entities.