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The European Investment Bank (EIB), the bank of the European Union (EU), has granted a € 30 million loan to finance the CHO Tiper renewable energy power plant developed by CHO Power, a subsidiary of Europlasma Group.
Following the Final Acceptance of CHO Morcenx obtained in June 2017, Europlasma and GRAF (Gottex Real Asset Fund), which owned 65% of CHO Morcenx, reached an agreement to align their interests in order to consolidate the ambitious strategy growth of the Renewable Energies division CHO Power.