EIB backs green bonds of Latvian energy company Latvenergo with €20 million investment
Latvia, June 17 -- The European Investment Bank (EIB) has committed €20 million to green bonds issued by Latvenergo, Latvia's state-owned energy company. The EIB participation supports the most recent bond issuance under Latvenergo's European Green Bond framework, helping finance investments in renewable energy and sustainable infrastructure in Latvia.The financing will support projects in renewable energy generation, including onshore wind, battery energy storage systems, hydropower refurbishment and solar photovoltaic installations. That in turn will accelerate Latvia's transition towards a more sustainable and secure energy system.With this new investment in a green senior bond in the Baltics, EIB reinforces its commitment to advan...
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