||The projects will finance two onshore windfarms in Estonia, as part of Enefit Greens portfolio investments in Baltics.
The aim is to reduce carbon and air pollution emissions, which are externalities the market fails to address. The project will also foster the integration of new, variable renewable generation technologies in the market, thus filling a financing gap in the development of new renewable capacity, with more market-exposed structures and instruments.
Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 180 million
Total cost (Approximate amount)
EUR 368 million