Enefit Green AS has closed a EUR80 million (US$91 million) debt financing to support the construction of wind farm projects in Lithuania and Estonia.
Nordic Investment Bank (NIB) has awarded the funding, with a term limit of 12 years, for the construction of Silale II and Akmene projects in Lithuania and the Purtse scheme in Estonia.
The construction of two wind farms in Lithuania has started in 2021 while the 20 MW Purtse wind farm is expected to secure a final investment decision before the end of the first quarter of 2022.
Country updates
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October 13, 2021
Enefit Green closes final investment decision for 75 MW Akmene wind project
Enefit Green AS, a subsidiary of Eesti Energia, has made the final investment decision for the development of the 75 MW Akmene wind farm project in Lithuania. The developers have also s...
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July 28, 2021
INVL Asset Management launches INVL Renewable Energy Fund I (REFI)
INVL Asset Management, one of the leading asset management companies in Lithuania, has established INVL Renewable Energy Fund I (REFI), which will invest in renewable energy facilities in the European...
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July 13, 2021
Enefit Green to build 43 MW Silale II wind project
Eesti Energia Group has given consent to the final investment decision for the construction and commissioning of the 43 MW Silale II wind park in Lithuania developed by Enefit Green AS, 100% subsidiar...
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June 14, 2021
European Energy starts construction of 49.5 MW Anyksciai wind project in Utena
European Energy has started the construction of the 49.5 MW Anyksciai wind project at Anykščiai district municipality, Utena County, Lithuania. The 49.5 MW Anyksciai wind project will be conne...
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June 04, 2021
Final investment decision made for 700 MW Transmission link project in Poland
PSE and Litgrid, the transmission system operators of Poland and Lithuania, have made final investment decisions regarding the implementation phase of the Harmony Link interconnector project - a subma...
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