EIB invests €20 million in landmark green bond of energy company Eesti Energia
Estonia, June 8 -- The European Investment Bank (EIB) has committed €20 million to the inaugural green bond of Estonian energy company Eesti Energia. The EIB pledge is to a €300 million five-year bond that will support investments by Eesti Energia in renewable energy, electricity networks and energy storage in Estonia and across the Baltic region.This is the first EIB investment in a green senior bond in the Baltics, reinforcing the bank's commitment to advancing green finance and developing capital markets in the region. Eesti Energia's bond sale was oversubscribed with international demand totalling €1.9 billion, demonstrating solid investor confidence in the region's energy transition. The bond is listed on the Luxembou...
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