SW Power SIA, part of the Swedish energy group Byhmgard, has signed a loan agreement with Signet Bank for more than EUR 3 million to finance the construction of a battery energy storage facility on Ata Street in Riga, Latvia. The total investment in the project is approximately EUR 6.1 million, with Signet Bank providing […]

Signet Bank, a leading corporate finance bank providing lending, capital raising, and asset management services to Latvian entrepreneurs and companies, has provided EUR 9.1 million in financing to SIA Jūrmalas SES for the development of a renewable energy project. The financing will support the construction of a solar power plant and battery energy storage system […]

Luminor Bank has granted the Latvian construction company SMA SIA financing in the amount of 3 million euros. This includes a credit line for working capital, construction projects guarantees, and leasing for the purchase of specialized equipment, strengthening the company’s financial and technical capacity to implement new projects.  The financing will enable SMA to secure […]

Luminor Bank has granted EUR 880,000 in financing to Rēzeknes Siltumtīkli for the reconstruction of a section of the main district heating pipeline in Rēzekne. The project aims to improve the reliability of the district heating system and ensure an uninterrupted heat supply to residential buildings and other facilities in the city.  The financing will […]