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Cobalt Advises Aquila Clean Energy on EUR 125 Million Green Loan for Development of Windfarm Akmene Two

Lithuania
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Cobalt has advised Aquila Clean Energy-managed project company Windfarm Akmene Two on securing a EUR 125 million green loan from SEB Bank.

According to Cobalt, "the loan will be used for the construction of an onshore wind energy farm in the Akmene district, which will have a capacity of 99.2 megawatts with 16 turbines, each generating 6.2 megawatts. It is expected to be operational by 2026."

The Cobalt team included Partners Simona Oliskeviciute-Ciceniene and Akvile Bosaite and Senior Associate Vytautas Vosylius.