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Sunly AS

Sector: Power Generation (CCGT) • Location: Regional

Source: European Bank for Reconstruction and Development (EBRD)

Project
Signed

An equity investment of up to EUR 67 million in the context of the capital increase of Sunly AS (Sunly, Company), an Estonia based renewable energy developer and independent power producer with operations in Poland and the Baltic countries. The Bank has initially committed EUR 30 million to purchase a minority equity stake in the company in 2023 and is extending its participation by another up to

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Project Information

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The project “Sunly AS” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Regional. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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Participants

Sponsoring Agency

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Company

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Status

Original status

signed

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

An equity investment of up to EUR 67 million in the context of the capital increase of Sunly AS (Sunly, Company), an Estonia based renewable energy developer and independent power producer with operations in Poland and the Baltic countries. The Bank has initially committed EUR 30 million to purchase a minority equity stake in the company in 2023 and is extending its participation by another up to EUR 37 million in 2024. The investment is part of a capital increase of EUR 260m (combined), of which the investment fund Mirova has taken a substantial stake.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Budget

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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