The European Commission's Cohesion Fund has granted funding for a combined heat and power (CHP) project in Vilnius, the capital of Lithuania, in the south-east of the country. The project is being developed by Lietuvos Energija, who expect the CHP plant to produce 87.6 MW of electricity and 227 MW of heat.
Energy Finance & Investment News in Lithuania
The European Commission (EC) has given a green light to the Vilnius combined heat and power (CHP) plant project
The European Commission (EC) has given the go-ahead to the Vilnius combined heat and power (CHP) plant project developed by the state-run energy holding Lietuvos Energija.
Nordic Investment Bank (NIB) invested has invested €25 million (US$29 million) in subscribing to Lithuania’s first green bond issuance made by the country’s leading energy company Lietuvos Energija.
BaltCap, the largest private equity investor in the Baltic region, has launched BaltCap Infrastructure Fund (BIF) with the planned size of €100 million (US$114 million).
The European Investment Bank (EIB) has signed a €190 million (US$197 million) loan agreement with Lietuvos Energija for the greenfield construction of new combined-heat-and-power (CHP) plants in Vilnius.
The European Investment Bank (EIB) has announced it is considering to invest in BaltCap Infrastructure Fund.
Lietuvos energija a, state-owned group, has acquired two companies which managed wind parks, UAB Eurakras in Lithuania and Tuulueenergia OU in Estonia.
Lords LB Asset Management has established Lithuania‘s first fund that will specialise in investments in energy and infrastructure projects in Lithuania, Latvia and Estonia. The Baltic Energy and Infrastructure Fund (BEIF) is expected to accumulate €200 million in assets under management within three years.
The European Investment Bank (EIB) is considering financing the construction of two biomass-fired and waste-to-energy-fired combined heat and power (CHP) plants with a total capacity of 88 MWe and 227 MWth supplying electricity to the national grid and heat to the district heating system in Vilnius.
Fortum and Lietuvos Energija will partner to develop a waste to energy combined heat and power plant (CHP) in Kanuas, Lithuania.
Lithuania's SEB Bankas and Germany’s KfW Ipex have provided a €89.3-million loan to Silutes Vejo Projektai to finance the construction of a 60-MW wind farm in the district of Silute, Western Lithuania.
The European Investment Bank (EIB) has announced plans to finance LitPol Link interconnector project in Lithuania.
Vilnius City Municipality Council (Lithuania) has begun to consider a draft PPP contract for the Vilnius street lighting renovation project.