PAN BALTIC RENEWABLES PORTFOLIO

Projektträger – zwischengeschaltetes Finanzinstitut

SUNLY AS

Ort

• Lettland
• Litauen
• Estland

Beschreibung

The project comprises a portfolio of: - Seven solar photovoltaic (PV) plants, with capacities in the range of around 40- 270 megawatt peak (MWp), for a total capacity of around 880 MWp, located in Estonia (around 244 MWp), Latvia (around 553.5 MWp) and Lithuania (around 82.6 MWp). - Two hybrid plants including solar PV, onshore wind and a battery energy storage system (BESS) for a total capacity of around 106.4 MWp, 24 MWp and 31 megawatt hour (MWh) respectively, located in Lithuania. - A wind farm with a capacity of around 12 MW and BESS of around 12 MWh, located in Lithuania. The scope will include the ancillary infrastructure, like the interconnections to the grid and substations.

Ziele

This operation consists of the construction and operation of new renewable energy plants that will contribute the achievement of the 2030 decarbonisation targets set out in the National Energy and Climate Plan (NECP) of Estonia, Latvia and Lithuania. The project is mostly located in Less Developed and Transition Regions. It is therefore eligible under Article 309 (a) projects for developing less-developed regions and (c) common interest.

Sektor(en)

• Energie - Energieversorgung

Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

EUR 150 million

Gesamtkosten (voraussichtlicher Betrag)

EUR 575 million

Umweltaspekte

The project is expected to contribute to Climate Action and Environmental Sustainability (CA&ES) objectives, in particular to climate change mitigation and pollution prevention and control.

Auftragsvergabe

The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions. However, if at the project appraisal, the EIB were to conclude that the promoter is subject to the EU public procurement legislation then the Bank would duly inform the Commission Services and would require the promoter to apply those rules. Main suppliers/contractors are not known yet at this stage of the appraisal.

Projektstatus

Genehmigt - 17/07/2024