Climate & Energy
EIB Finalises €250M Funding for Baltic's Largest Wind Farm
The European Investment Bank (EIB) has completed its €250 million financing package for the Kelmė wind farm in Lithuania, the largest operating wind site in the Baltic region. The investment demonstrates the EIB's commitment to supporting the EU's green energy transition and enhancing energy security. The bank's funding helps scale up renewable energy generation, contributing to the EU's climate neutrality goals. This project is a key part of the region's strategy to reduce reliance on fossil fuels.
A major EU-backed wind farm in Lithuania is now fully financed, boosting the region's green energy supply.