Energie AG Oberösterreich Invests €600 Million in Ebensee Hydropower Expansion, Supported by EIB Loan
Energie AG Oberösterreich is investing €600 million in the expansion of the Ebensee pumped storage power plant in Austria, backed by a €320 million loan from the EIB. This project is part of Austria's energy transition and aligns with the EU's REPowerEU initiative. Additionally, Hydro Tasmania has refurbished the Rowallan Power Station, and Iceland's Landsvirkjun is expanding the Sigalda Hydropower Station. Canada’s BC Hydro is also upgrading its Bridge River 1 plant with new generators from ANDRITZ.
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Energie AG Oberösterreich is expanding the Ebensee pumped storage power plant in Austria with a €600 million investment, supported by a €320 million loan from the European Investment Bank (EIB). This project is the largest in the company’s history and plays a critical role in Upper Austria's energy transition, providing a stable energy supply while balancing renewable generation.
Hydro Tasmania has completed a refurbishment of the Rowallan Power Station, enhancing its efficiency and reliability. In Iceland, Landsvirkjun is expanding the Sigalda Hydropower Station by 65MW to meet growing energy demands.
In Canada, BC Hydro has contracted ANDRITZ to supply new generators for the Bridge River 1 plant, improving efficiency and reliability. The Arno Project in Italy aims to generate clean energy from historic weirs, showcasing the integration of sustainability and cultural preservation.
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