News not to be missed

The European Investment Bank (EIB) has granted an €18 million loan to UP Catalyst, a Tallinn-based company that transforms industrial CO₂ emissions into critical raw materials. This strategic funding supports the EU’s mission to secure local and sustainable raw material..

COBALT banking & finance and real estate & energy teams are honoured to have assisted European Investment Bank (EIB), SEB, and Luminor in connection with making available EUR 62 million in financing to Sunly’s subsidiary Metsapäike Risti OÜ to support..

The Danish renewable energy developer European Energy has secured EUR 68 million in financing to construct a 148MWp solar farm in Latvia. The financing package comes from a consortium of financial institutions, including the Nordic Investment Bank (NIB), Luminor Bank,..

The Austrian HS Timber Group has acquired 100% of the shares of Latvian wood processing company Vika Wood SIA from its Swedish owner, Bergs Timber AB. Based in Vienna, HS Timber Group is one of the leading wood processing companies..

Latvenergo AS, Latvia’s leading energy company, has acquired 100% of the capital shares in DSE Aizpute Solar SIA from Danish developer Danish Sun Energy ApS to build a solar power plant with a total capacity of 265 MWp by the..

Consolis Latvia SIA, a leading supplier of precast concrete solutions, has signed a partnership agreement with Nordex Group, a global leader in wind turbine manufacturing on production of precast concrete components to be used in wind turbine towers.   Consolis will..

The European Bank for Reconstruction and Development (EBRD) will invest up to EUR 100 million in Green Genius, a renewable energy company that is part of the Modus Group. Once approved by competition regulators in several countries, the EBRD will..

With the support of COBALT, Aquila Clean Energy managed project company Windfarm Akmenė Two secured a significant EUR 125 million green loan from SEB Bank. The loan will be used for the construction of an onshore wind energy farm in..