The EBRD is providing an equity investment of €18.85 million to Freenergy AS, a leading Estonian investor in renewable energy in eastern Europe, to boost the volumes of green energy generated in the Baltic states.
By taking a 35 percent stake in Freenergy, the EBRD will support the company’s plans to upgrade and further develop the [...]

I attended and spoke at the 3rd Renewable Energy Finance Forum on Central and Eastern Europe in Prague. The event was attended by about 120 delegates including project developers, bankers, private equity financiers, lawyers, renewables manufacturers and consultants.
The overall sense I had was that prospects are still positive but this is a difficult region to [...]