European Investment Bank to support construction of Estonia's largest wind farm

The project is Estonia’s largest single investment in onshore wind energy to date / The wind farm will contribute to Estonia’s National Energy and Climate Plans and to the REPowerEU Plan / The output of the farm will cover 8.5% of the entire country’s electricity consumption and 40% of the electricity needs of household consumers

Enefit Green and the European Investment Bank (EIB) have signed a €180 million financing agreement to support the construction of the Sopi-Tootsi onshore wind farm in Estonia. This will support Estonia’s path towards decarbonisation and energy independence. The loan period is 12 years. “Enefit Green is pleased to start a strategic partnership with the EIB. The... ... More: Official Press Release Enefit Green

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Enefit Green, EIB, investment, financing, wind farm, Estonia, onshore, construction, MW, capacity, supply, renewable energy