Rietumu Banka provided a loan of 4.9 million euros to SIA CE Solar Gulbene, controlled by Clean Energy Infrastructure Fund, a closed-end investment fund for informed investors managed by Envolve Capital. Financing is intended for the construction of the “Lejas Dibeniņi” solar power plant. The power plant will be located in Beļava parish, Gulbene municipality, and its total generation capacity will be 15.1 megawatts (MW).
Rietumu Banka has granted a loan of 3.2 million euros to SIA Lielezeres 18, a part of Astor Group. The financing is intended for construction of new Rimi store in Dzirciems, at 18 Lielezeres Street in Riga. The construction of this modern energy-efficient building has already started, and it is planned to be completed this summer.