Latvia, Aug. 1 -- The project marks one of Latvia's most ambitious renewable-energy initiatives to date and will accelerate the Baltic region's shift to clean power while enhancing Latvia's energy independence. The financing package includes loans of €35.2 million from the EIB, €35.2 million from the EBRD and €14.4 million from SEB.The solar parks are due to be completed by early 2027 and will be located near Mat?si village in Valmiera Municipality (54 MW), in Dagda Parish, Kr?slava Municipality (90 MW), near Barkava village in Madona Municipality (81 MW) and in Zir?i Parish, Saldus Municipality (104 MW). While the scope of this financing will support the solar component, the broader ambition is to develop all sites as hyb...