📋 Tender Overview
Project ID: 55565
Status: Concept Reviewed
Location: Estonia
Business Sector: Energy
Notice Type: Private
Environmental Category: B
Approval Date: 09 Jul 2025
Disclosure date: 28 May 2025
Project Description
A senior loan in favour of Baltic Storage Platform OU (the "Borrower"), a company established in Estonia. This operation is included under the EBRD InvestEU Framework for Sustainable Transition (OpID 54197).
Project Objectives
The loan will enable the Borrower to develop, construct, and operate two battery energy storage system projects located near Tallinn, Estonia with a combined capacity of ca. 200MW / 400MWh.
Transition Impact
ETI score:80
expected transition impact of the project stems from "Green". The project (i) will replace the existing fossil fuel-based generators in the balancing market by quickly responding to the balancing needs without carbon emissions; and (ii) will enhance the grid stability reducing the curtailment of existing renewables and increasing further renewables connection to the grid.
Client Information
BALTIC STORAGE PLATFORM OU
Baltic Storage Platform OU is a joint venture (JV) among three shareholders - a French infrastructure fund manager Mirova SA, Corsica Sole,a French BESS developer and operator, and an Estonian renewables developer Evecon OU.
