Romania, Oct. 24 -- The European Bank for Reconstruction and Development (EBRD) is lending €30 million to the Romanian city of Timisoara to co-finance, alongside the European Union (EU), priority investments in the district heating network and urban regeneration.This project is financed under the EBRD Green Cities programme, supporting the city of Timisoara to implement priority actions identified in its Green City Action Plan (GCAP), approved in 2024.As such, the EBRD finance, together with EU finance of €63.5m, will be used in two areas of investment.The first is the rehabilitation and modernisation of the city's district heating network, including replacing 27 km of old pipelines, new heating chimneys, valves and supports, an...