The European Investment Bank (EIB) granted, on 3 September, a €75 million loan for a combined heat and power plant project in the city of Lahti in Finland. The plant will convert municipal waste into heat and power through the large-scale use of a novel method involving waste gasification, gas cleaning and high-efficiency combustion. The project supports European Union objectives in environmental and energy technology as well as in research and development. Lahti Energia Oy will own and operate the plant.