European Energy Secures $44 Million Financing for Hybrid Solar and Storage Project

The project is currently under construction and is expected to be completed in the second half of 2026

November 12, 2025

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European Energy, a renewable energy project developer, secured €37.9 million (~$43.89 million) long-term project financing for the development of a hybrid solar and energy storage project in the municipality of Saldus, Latvia. The solar project is also co-owned by European Energy and Sampension.

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