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Home Lithuania

European Energy Secures €145 Million Loan to Power Wind and Solar Projects in Lithuania

June 7, 2025
in Lithuania
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Source link : https://europ.info/2025/06/06/european-energy-secures-e145-million-loan-to-power-wind-and-solar-projects-in-lithuania/

European Energy has secured a EUR 145 million loan to finance its upcoming wind and solar projects in Lithuania, marking a significant step forward in the country’s renewable energy sector. The funding, announced today, underscores the growing momentum behind Lithuania’s transition to sustainable energy sources, as the company aims to expand its portfolio of clean power generation in the Baltic region. This investment is expected to boost local green energy capacity and contribute to Lithuania’s climate goals.

European Energy Advances Renewable Infrastructure in Lithuania with Major Funding

European Energy’s recent financing achievement marks a significant step forward in Lithuania’s transition towards sustainable energy solutions. With a secured loan of EUR 145 million, the company is set to accelerate the development of both wind and solar power projects across the country. This infusion of capital not only reinforces Lithuania’s commitment to reducing carbon…

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Author : Olivia Williams

Publish date : 2025-06-06 21:19:00

Copyright for syndicated content belongs to the linked Source.

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Tags: EuropeLithuania
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