Enefit Green signed a €100 million loan agreement with EBRD
Summary
On 2 August 2024, Enefit Green signed a 100 million loan agreement with the European Bank for Reconstruction and Development (EBRD) to finance its ongoing investment programme. Sopi-Tootsi wind farm will help to further decarbonise Estonias electricity production by saving an estimated 480,000 tonnes of CO emissions per year. Enefit Green is currently constructing five wind and three solar farms in Estonia, Lithuania, Poland and Latvia with a total capacity of 637 MW. After commissioning 72MW Tolpanvaara wind farm in Finland earlier this year, Enefit Greens operating electricity generation capacity has risen to 587 MW. In the end of 2023, Enefit Green exited the biomass based CHP and pellet production businesses.
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