(IN BRIEF) A consortium led by the European Investment Bank in partnership with SEB and Luminor has provided €62 million to Sunly for a new 244 MW solar park in Risti, Estonia. Expected to be the Baltics’ largest photovoltaic facility … Read the full press release
Posted in Banks, Energy, Gas & Oil, Estonia, European Union, Financial, Infrastructure & Utilities, Internet & Online, Investment
Tagged Baltic region, battery storage, climate neutrality, EIB, Energy Independence, EU, financing, hybrid parks, Indrek Julge, investment, Lääne County, Luminor, Metsagrupp, Peep Jalakas, Photovoltaic, Priit Lepasepp, renewable energy, Risti, Russia decoupling, SEB, solar park, Sunly, Tallinn, Thomas Östros
(IN BRIEF) The European Investment Fund (EIF) has committed €15 million from the Baltic Innovation Fund II to Merito Partners’ ‘Merito Baltic Opportunities I AIF,’ marking its first institutional investment in the fund. Aiming to raise €100 million, the fund … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Latvia, Lithuania, Luxembourg, Management, News, Small Business
Tagged Andris Kotāns, Audrius Mozūras, Baltic region, EIF, Latvia, Lithuania, Marjut Falkstedt, Merito Partners’, Mikus Janvars, partnership, SME, sustainability
(IN BRIEF) Faktoro, a leading non-bank business financier in Lithuania, has entered into a guarantee agreement with the European Investment Fund (EIF) to provide up to €55 million in new financing for more than 800 Lithuanian companies. The funding, supported … Read the full press release
Helsinki, Finland, 31-10-2013 — /EuropaWire/ — Citycon Oyj (NASDAQ OMX: CTY1S), the leading owner, manager and developer of urban grocery-anchored shopping centres in the Nordic and Baltic regions, today noted the company’s 25th anniversary with Chief Executive Officer, Marcel Kokkeel, rings the … Read the full press release
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