RIGA, Feb. 3 (Xinhua) --The European Bank for Reconstruction and Development (EBRD) invested a record 654 million euros (about 772 million U.S. dollars) in the Baltic states in 2025, up 114 million euros from a year earlier, the bank said Tuesday.
In Latvia, the EBRD backed 13 projects with a record 160 million euros in investment, the country's highest annual total to date. Lithuania received an all-time high 339 million euros through 17 projects last year.
In Estonia, the bank invested 155 million euros across 14 projects, supporting clean energy generation, grid upgrades and digital infrastructure.
According to the EBRD, more than 95 percent of its financing supported projects aimed at strengthening the region's energy security and accelerating decarbonization. These included the largest onshore wind farm project in Kelme, Lithuania, four hybrid solar parks in Latvia, and the rollout of 600 EV charging stations across the Baltic states.
Established in 1991, the EBRD is a multilateral bank that promotes private-sector development and entrepreneurial initiative in more than 40 economies across three continents. It is owned by 77 countries, as well as the European Union and the European Investment Bank. (1 euro = 1.18 U.S. dollar) ■
