The project is in line with the lnvestEU objective of the development of the energy sector in accordance with the Energy Union priorities. It concerns the development and operation of solar PV plants, onshore wind farms and, to a lesser extent, Battery Energy Storage Systems in Latvia, Lithuania and Estonia. It will support the 2030 targets set out in the National Energy and Climate Plan of the three Member States.
| InvestEU operation amount | EUR 300 million |
| Sector | Energy |
| Subsector | Wind energy, solar, batteries |
| Policy window | Sustainable Infrastructure Window (SIW) |
| Approval by the Investment Committee | 11 July 2024 |
Links and documents
Pan Baltic Renewables Portfolio
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- Reference
- INVEU-ICR-0048-2024
- Project locations
- EstoniaLatviaLithuania
- Policy window
- Social investment and skills (SISW)
- Eligible areas
- Energy
- Implementing partner
- EIB