Multilateral Carbon Credit Fund signs first projects in Baltics to purchase carbon credits in Estonia and Lithuania

In its first transaction in the Baltics, the EBRD-EIB Multilateral Carbon Credit Fund (MCCF) has agreed to buy carbon credits from a group of wind farms managed by OU Nelja Energia, a renewable energy company, wholly-owned by Fre-energy AS, a leading Estonian investor in renewable energy in Eastern Europe. OU Nelja Energia develops and manages a portfolio of 19 wind farms in Estonia, Lithuania and Latvia, with a planned combined capacity of 330 MW onshore and 700 MW offshore. ... Read more...