Individual investors
Monthly market review and outlook
Investing Insights from the Sustainable Equities Team
On Thursday, the Estonian energy company Evecon and Mirova, an asset manager dedicated to sustainable finance, opened the largest solar park in the Baltics, located in Kirikmäe in Pärnu County. The production capacity of the Kirikmäe park, spread over nearly 110 hectares, is 77.53 MW, which is more than twice the capacity of the largest existing solar park in Estonia. It covers the estimated annual energy needs of 35,000 households. The Kirikmaë Park is owned by the Baltic Renewable Energy Platform (BREP), a joint venture set up by Evecon and Mirova in December 2022, for the financing, the construction, the operation of a portfolio of more than 100 MWp of Solar Parks in Estonia.
The cornerstone was laid today for the largest battery park complex in continental Europe, in Kiisa, Estonia, by Baltic Storage Platform. This is an important step to ensure the synchronisation of the Baltic countries to the European grid in 2025.
Discover our edition dedicated to Energy Transition
Monthly market review and outlook
Monthly market review and outlook
Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investing, is developing new innovative solutions to continue supporting projects in emerging markets. These markets are currently underserved by Western investors despite actively addressing the challenges of the energy transition. To help scaling up project finance solutions in these regions, Mirova is reorganizing its operations and reinforcing its commitment to growth in this area.
