enerCEE-net’s Post

EBRD Lends €100 Million To Enefit Green For Estonia’s Largest Wind Park Reading Time: 3 minutesThe European Bank for Reconstruction and Development (EBRD) is extending a €100 million loan to Enefit Green for the construction and operation of the 255 MW Sopi-Tootsi wind park in Estonia. This project is set to increase Estonia’s electricity generation capacity by up to 10% as the country works towards ambitious European Union (EU) greening targets. In addition to the EBRD’s contribution, parallel financing of €180 million has been provided by the European Investment Bank, with additional funding from a commercial bank. Enefit Green, one of the largest renewable energy companies in the Baltic states, has been […] - https://lnkd.in/di2A52j8 #windenergy #windturbines #offshorewind #windturbine #cleanenergy #climatechange #sustainability #energynews #smartenergy #windfarm #windindustry #renewableenergy #renewables #ebrd #enefitgreen #estonia #europe #europeanbankforreconstructionanddevelopment #renewableenergy #windenergy

Tällaistakin rahoitusta on saatava EBRD:n kautta: "The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of renewable energy developer Green Genius with an equity investment of €100 million. Once approved by the competition authorities in the relevant countries, the EBRD will become a minority shareholder in the company. The proceeds will support the firm’s European growth strategy, which includes the development of more than 2 GW of renewable energy. This will not only help promote the region’s green energy transition but will also contribute to the diversification of its energy supply, boosting energy security in Europe. The investment builds on the Bank’s decade-long support for Green Genius and its ambitions for green energy transition. In the Baltic states, it is the largest equity commitment by the EBRD to a single company and marks the first external equity investment in Green Genius. Green Genius is one of the fastest-growing, privately owned developers of renewable energy in Lithuania. In recent years, the company has significantly expanded its renewables portfolio, with a pipeline not only in Lithuania but also in other European Union (EU) markets such as Italy, Latvia Poland and Romania, Spain and Latvia." #uusiutuvaenergia #investoinnit #EBRD #GreenGenius #greenenergytransition https://lnkd.in/emHqyumz

Green Genius Secures €100 Million Investment From EBRD For Renewable Energy Growth The European Bank for Reconstruction and Development (EBRD) is investing €100 million in Green Genius to help expand its renewable energy projects across Europe. Once approved by competition authorities, EBRD will become a minority shareholder in the company. This funding will support Green Genius’ plans to develop over 2 GW of renewable energy, contributing to Europe’s green energy transition and strengthening its energy security. This investment marks the EBRD’s largest equity commitment to a single company in the Baltic states and is the first time the Bank has made an external equity investment in Green Genius. Grzegorz Zielinski, EBRD Head […] Read the full story here: https://lnkd.in/dhfCfjWQ #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #diversity #energysector #equity #europe #investment #renewableenergy #solarenergy

The transformation to clean energy is gaining momentum across Europe, and Poland is playing a pivotal role. 🇵🇱 Last year, the European Investment Bank (EIB) and Norddeutsche Landesbank (NordLB) committed €250 million to finance renewable energy projects, with a focus on Poland, Denmark, and Sweden. These projects, which include solar, onshore wind, and battery storage, are part of the broader push to decarbonize industries and secure energy independence. At BEPOLUX, we see opportunities for our members to tap into this shift towards sustainability. By fostering connections between Belgian and Polish companies, we can help facilitate partnerships that support the green transition, such as those in renewable energy. 🌿 If you’re interested in learning how BEPOLUX can help your business join the green energy movement, get in touch with us today! Learn more about the EIB-NordLB collaboration here: https://lnkd.in/ebZPyHeW #BEPOLUX #GreenEnergy #BelgiumPoland #Sustainability #RenewableEnergy #BusinessGrowth

The European Investment Bank (EIB) grants #DEPACommercial a loan totaling 390 million euros for the construction and operation of solar energy parks across the country. This energy will contribute to the production of approximately 800 MW of renewable energy, capable of powering 278,000 households. DEPA's Chairman Mr. Giannis Papadopoulos stated: "The agreement with the European Investment Bank brings the domestic energy market even closer to a sustainable future. At the same time, this financing is a "landmark" for strengthening the great effort we are making to transform DEPA into a fully integrated energy company that will contribute to the sustainable development of the country through coordinated actions and investments in new technologies and innovative solutions." The company's CEO, Mr. Konstantinos Xifaras, said: "The signing of the loan agreement with the EIB is a milestone for DEPA in terms of the implementation of our plans for renewable energy sources, which are aligned with Greece's goals for the green transition. We continue to focus on the sustainability and energy security of our country while also promoting European climate goals." #DEPACommercial #EIB #RES #ΑΠΕ

Exciting news! The European Bank for Reconstruction and Development (EBRD) has become a minority shareholder in GreenGenius A/S, investing €100 million to support the company’s expansion across Europe. This investment will accelerate the development of over 2 GW of renewable energy, contributing to Europe’s green energy transition and energy security. Green Genius, a Lithuanian-based renewables developer, is expanding into key EU markets, including #Poland, #Romania, and the #Baltic states. The partnership also aims to strengthen #ESG standards and promote #genderdiversity in the #energysector. #GreenEnergy #Renewables #Sustainability #EnergyTransition #ESG #BalticEnergy #EBRD #GreenFinance #repowereu Source: https://lnkd.in/emHqyumz

✅ The European Investment Bank (EIB) recently signed a €36 million loan with Elektroprivreda Bosne i Hercegovine for the construction of a 50 MW wind farm on the scenic Vlašić mountain plateau, just 15 km north-west of Travnik. 🍃This project, aligned with national renewable energy strategies, involves building 18 wind turbines connected to the national energy grid. Anticipated to generate 115 GWh/year, equivalent to powering 20,000 households, it's a significant step toward a sustainable future. 💡 Thanks to a €21.8 million grant from the European Commission 🇪🇺 via WBIF - Western Balkans Investment Framework, the Vlašić Wind Power Plant aims to displace 140,000 tonnes of CO2 annually, showcasing a commitment to environmental sustainability. ✅ Identified as Flagship 4 - Renewable energy in the EU Economic and Investment Plan for the Western Balkans, this project represents a milestone in the region's transition to clean energy. With an estimated total investment exceeding €91 million, the completion of this transformative venture is anticipated in 2028. EU Neighborhood & Enlargement #renewableenergy #sustainablefuture #greeninvestment #westernbalkans

''In fact, only 2% of global investments in renewable energy in the last two decades were made in the continent''. The write up from Francesco La Camera, Director-General of  IRENA, shades light for more partnership to realize sustainable enegry investment in Africa. How is it going to be called an African-led while decisions are made by the financiers in the global north, already? Read the write up and follow Ethiopian Energy^Power Business Portal,eepBp https://lnkd.in/e8DKnZcu

The European Investment Bank (EIB) has announced a €5 billion initiative to advance the European wind-energy sector, focusing on technology development, infrastructure upgrades, and capacity expansion. The initiative will fund research into advanced wind-turbine designs and energy storage solutions, modernize existing wind farms, and enhance grid connectivity to integrate wind energy more effectively. By supporting smaller, innovative projects and startups, the EIB aims to foster technological advancements, create job opportunities, and contribute to the EU’s climate goals of reducing emissions and achieving climate neutrality by 2050. 🗣 EIB vice-president Nicola Beer said: “A quick build-up of wind power is crucial for decarbonizing the economy. Together with Deutsche Bank, we are promoting the expansion of renewable energy in Europe and in that way bringing the price of sustainable energy down." #EuropeanInvestmentBank #WindEnergy #RenewableEnergy #Sustainability #ClimateAction #GreenEnergy #CleanTech #EUClimateGoals #EnergyInnovation #InfrastructureInvestment

Exciting news for Romania's renewable energy sector! The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International have joined forces to provide a €110 million financing package for two large-scale solar plants in south-eastern Romania, with a total capacity of 300 MW. Supported by the InvestEU guarantee, these projects will generate 386 GWh of renewable energy annually, avoiding around 160,000 tonnes of CO2 emissions each year. This marks a significant step towards Romania’s goal of adding 11.9 GW of renewable capacity by 2030. The solar plants, Iepuresti and Ghimpati, showcase the growing confidence in Romania’s renewables market, driven by regulatory reforms and EU-wide initiatives like Fit for 55 and REPowerEU. This investment not only supports decarbonisation efforts but also strengthens Romania's energy security amid ongoing geopolitical challenges. With EBRD’s leadership in green finance and the expertise of Nofar Energy, the country is poised for a greener, more sustainable future. This project signals renewed momentum in Romania’s renewable sector, following a decade of limited investments. As Romania accelerates its transition to clean energy, projects like these will play a vital role in achieving its ambitious energy targets while contributing to the broader EU climate goals. #RenewableEnergy #GreenFinance #SolarPower #SustainableEnergy #InvestEU #EBRD #Decarbonisation #EnergySecurity #Romania #NofarEnergy #ClimateAction #FitFor55 #REPowerEU See here August 21-st News Release: https://lnkd.in/dF-jEFpT