• Ignitis Group secures a major financing deal tied to the largest Baltic wind farm

    Ignitis Group secures a major financing deal tied to the largest Baltic wind farm

    Ignitis Group, a renewables-focused integrated utility, has secured EUR 318 million in non-recourse project financing from a strong group of lenders, comprising both institutional and commercial banks, to cover the costs incurred in constructing the largest onshore wind-energy project in the Baltics. The financing package is linked to Kelmė wind farm, which is located in…

  • Taaleri SolarWind III Fund invests in a 112 MW wind farm in Latvia

    Taaleri SolarWind III Fund invests in a 112 MW wind farm in Latvia

    ,

    Taaleri Energia’s SolarWind III Fund has invested in Smiltene, a wind farm located in Latvia, approximately 120 kilometres northeast of Riga. The Fund and AEI, a fund managed by Lords LB Asset Management, are joint owners of the project. Construction work started in Q4 2024, and the wind farm is expected to reach full operational…