Estonia, March 11 -- The European Investment Bank (EIB), together with local commercial banks SEB and Luminor, is lending the Estonian renewable energy company Sunly €62 million to build and operate a solar park in the country, accelerating the Baltic region's green transition and electricity independence. The EIB is lending €31 million to Sunly, while the remaining €31 million is covered by SEB and Luminor.Risti solar park, to be located 65 kilometres southwest of the capital Tallinn in Laane County, is due to become operational by 2027. It will be the biggest photovoltaic (PV) production site in the Baltics with capacity of 244 megawatt peak (MWp) - enough to power more than 80,000 households in Estonia. Solar park is bu...