EBRD supports largest onshore wind farm in Baltic region

The European Bank for Reconstruction and Development (EBRD) is lending €79.5m ($92.3m) to Lithuanian integrated energy utility company Ignitis Group to facilitate the construction of the largest onshore wind farm in the Baltic region. The loan is part of a comprehensive €318m financing package designed to enhance Lithuania's energy security and support its transition to green energy. The financing package, which also includes contributions from the European Investment Bank, Swedbank and Nordic Investment ...