The Nordic Investment Bank (NIB) has signed a 16-year loan agreement worth €28 million with Ltd. WPR2 for the construction and operation of a 112 MW wind farm in Smiltene, northeastern Latvia. The wind farm, […]
Eolus has sold the Pienava project to Latvia’s state-owned energy company Latvenergo. Pienava is a greenfield-developed wind power project with a total capacity of 147 MW. Construction of the project is set to begin immediately, […]
Ignitis Renewables has secured a joint loan of €77.5 million from Swedbank Lithuania and Swedbank Latvia. The loan will be utilised to complete the development of Stelpe and Vārme solar farms in Latvia. The banks […]
Latvia’s transmission system operator (TSO), Augstsprieguma Tīkls (AST), has signed contracts with 12 wind and solar power plant developers for connecting more than 1,100 MW of renewable energy sources (RES) projects to the transmission network. […]
Eolus, a Nordic wind power company, has formed a joint venture with PNE, a German firm, to build a 1 GW offshore wind farm in the Baltic Sea. The Kurzéme offshore wind farm is located […]
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