On 19 December 2025, Coop Pank AS (hereinafter the Bank) and European Energy Efficiency Fund S.A. SICAV-SIF (hereafter EEEF) concluded an unsecured subordinated loan agreement in the amount of 5 million euros, with an interest rate of 6 months’ EURIBOR plus 3.25% per annum. The loan is repayable in one installment, and the term of the loan agreement is 31.03.2034. The Bank has the right to repay the loan early with the permission of the Financial Supervision Authority after 5 years have passed since it was ...

Within the bustling waterways of the Port of Los Angeles, there's a clean energy pilot program that's making a splash. This is Eco Wave Power. >> So, here we can see the Eco Power floaters.Uh when they go into the water, they start generating clean electricity. >> And it turns out this is actually the country's first ever onshore wave power site partnership with a company called Alta Sea and Shell Marine Renewable Energy. >> Wave Energy is kind of the new kid in the block of renewable energy.So most governm ...

Core Insights - Enefit Green's electricity production in April reached 185.1 GWh, marking a 23.5% increase compared to the previous year, driven by new wind and solar farms [1][5] Production Overview - Wind energy production in April was 156.9 GWh, a 17% increase from last year, with new wind farms contributing significantly [1][5] - Solar energy production was 16.7 GWh, nearly 2.7 times higher than last year, primarily due to new solar farms [4][5] - The Iru cogeneration plant produced 11.4 GWh of electricity, reflecting a 20% increase, and thermal energy production was 36.0 GWh, up 18.8% [3][5] Regional Production Breakdown - Estonia's electricity production increased by 57.9% to 102.7 GWh [5] - Lithuania's production rose by 12.8% to 69.9 GWh [5] - Latvia produced 2.3 GWh, a significant increase from zero last year [5] - Poland's production increased by 53.5% to 4.1 GWh [5] - Finland's production saw a decline of 69.1%, dropping to 6.3 GWh [5] Production Challenges - Downregulations due to low electricity prices resulted in 28.2 GWh of unproduced energy from wind farms, with 13.3 GWh from the Finnish market [2] - System services provision in Estonia and Lithuania reduced production by 7.9 GWh [2] - Wind conditions positively impacted production by approximately 4.5 GWh compared to expectations [2] - Solar farms faced downregulation leading to 2.4 GWh of unproduced energy, with grid-related restrictions in Polish solar farms causing an additional 0.6 GWh of unproduced energy [4]