ADB Supports Expansion of District Energy System to Improve Energy Efficiency in PRC
MANILA, PHILIPPINES - The Asian Development Bank (ADB) and Paris-based Dalkia Group have entered a multi-project loan agreement to finance a series of district heating, district cooling, and cogeneration projects in the People’s Republic of China to improve energy efficiency and reduce air pollution. Under the agreement, the ADB funding support comprises a loan of up to CNY1.4 billion ($201.3 million) funded by ADB and another loan of up to CNY1.4 billion funded by international or local banks under participation agreements with ADB. This is ADB’s first private sector district energy project. Read the full news release. | 
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