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Two projects in Virumaa received investment support

EWPA's blog - eteap April 11, 2011

Environmental Investment Centre (KIK) revealed the grant recipients of investment support – both grants to support green energy will go to Virumaa located in the eastern side of Estonia. The proceeds from the green investment scheme made between Estonia and Spain will support the installation of 12MW Varja wind park in Lüganuse parish, Viru County and 6.9 MW Ojaküla wind park in Viru-Nigula parish.

KIK allocated 7.23 million Euros to Varja wind park developed by Raisner and slightly over 5.13 million Euros to Ojaküla wind park developed a company belonging to Nelja Energia group – Oceanside. Both of the supported wind farms will not receive the renewable subsidy on top of the investment support.

The total amount of the investment grant was more than 22 million Euros and KIK received applications for over 31 million Euros.

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