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Lithuania: EIB to advise on development of military base for NATO troops
The European Investment Bank (EIB) is teaming up with the Lithuanian government to support the development in Lithuania of the Rūdninkai military base, a key project to enhance North Atlantic Treaty Organization (NATO) operations and regional security. Under an accord signed today in Vilnius, the EIB will provide advisory services to ensure that public-private partnership (PPP) agreements linked to the planned base near the border with Belarus meet market standards and follow best practices.
Estonia to expand solar-power production with €62 million EIB, SEB and Luminor loan to renewables company Sunly
The European Investment Bank (EIB), together with local commercial banks SEB and Luminor, is lending the Estonian renewable energy company Sunly €62 million to build and operate a solar park in the country, accelerating the Baltic region’s green transition and electricity independence. The EIB is lending €31 million to Sunly, while the remaining €31 million is covered by SEB and Luminor.
Lithuanian firms invest strongly in building up climate change resilience, EIB Investment Survey shows
A large majority of Lithuanian firms have taken actions to reduce greenhouse gas emissions and tackle the impact of adverse weather events, according to the European Investment Bank (EIB) Group Investment Survey country results released today. The figure is 8 percentage points higher than the EU average. Lithuanian firms are also ahead of EU peers when it comes to innovation, leading with 10 percentage points above the EU average, the survey shows.