Resalta finalizes sale of Slatina biomass cogeneration plant

Following the design, construction, and successful operation of a 5 MWe biomass cogeneration plant in the Croatian municipality of Slatina, Resalta has sold the powerplant to Luxembourg-based investment fund PEARL Infrastructure Capital. The transaction is one of the largest foreign investments in the biomass renewables segment in Croatia.

The Slatina cogeneration plant was fully designed and built by local teams of Resalta, using Croatian suppliers and subcontractors. It was commissioned in  2019, with a long-term electricity offtake contract signed with HROTE, the Croatian power grid operator. The plant generates 40 GWh of electricity each year, enough to supply 500 homes with power, and provides heat to several local industries. It has created 15 new local jobs and continues to employ residents of Slatina. It was the first project opened in the municipality’s new industrial zone.

The project was sold through Energy 9, the Resalta subsidiary that owned the powerplant in partnership with Iskraemeco.