Financial instruments in action: renewable energy transition
Video file
Watch time: 1min 22sec
This short video illustrates how an ERDF financial instrument is supporting the transition to renewable energy in The Hague. Green energy will be provided to more than 4 000 homes thanks to the HAL, the city’s first urban-based geothermal station, which was supported by an equity investment and to a loan by the city’s Energy Fund known as ED.