Tallinn — June 1, 2026 — The European Investment Bank (EIB) has committed €20 million to the inaugural €300 million green bond issued by Estonian energy company Eesti Energia, marking the first EIB investment in a green senior bond in the Baltic region.
The five‑year bond, listed on the Luxembourg Stock Exchange, was oversubscribed with international demand reaching €1.9 billion, underscoring investor confidence in Estonia’s energy transition. Proceeds will finance renewable energy generation, electricity networks, battery storage, and electric vehicle charging infrastructure, strengthening energy security and supporting climate neutrality.
EIB Vice‑President Karl Nehammer highlighted the significance of the investment, noting that it demonstrates how European cooperation can accelerate the energy transition. Eesti Energia’s Head of Treasury Danel Freiberg added that the EIB’s role as an anchor investor signals strong confidence in the company’s strategy and the Baltic region’s energy future.
The operation comes at a critical time as the Baltics prioritize resilience and secure electricity supply. By participating as an anchor investor, the EIB mobilizes additional private capital and contributes to the development of the green bond market in the region, reinforcing transparency and high standards.
This investment reflects the EIB’s role as the EU climate bank, supporting projects that strengthen energy systems, promote sustainability, and enhance long‑term competitiveness across Europe.
