EIB provides €35 Million in Funding to Kauno Energija to Enhance District Heating System

The European Investment Bank (EIB) provided €35 million to Kauno Energija, the utility business that serves Kaunas, the second-largest city in Lithuania, to improve and expand its district heating and hot water supply infrastructure. 

This project, funded by the European Commission’s InvestEU program, aims to increase energy efficiency, encourage the use of renewable energy, and lessen dependency on imported natural gas.