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EBRD bolsters generation of green energy in the Baltics
(10/06/2009)

The EBRD is providing an equity investment of €18.85 million to Freenergy AS, an Estonian investor in renewable energy in eastern Europe, to boost the volumes of green energy generated in the Baltic states. By taking a 35 percent stake in Freenergy, the EBRD will support the company’s plans to upgrade and further develop the current portfolio of 15 wind farms, which are managed by Nelja Energia OÜ. Eleven of the farms are situated in Estonia, ... [more]

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