BaltCap Infrastructure Fund, AJ Power group and AJP Capital’s Solar Core Plus Fund have signed an agreement to establish a joint venture to develop solar energy generation in Latvia. 30 MW solar farms will be built over the next three years. The plan also foresees expansion across the Baltics and increasing the capacity of the solar plant portfolio to 100 MW. April 20, 2022 BaltCapMatīss Paegle, Investment Director at BaltCap, says: “In this project, we are joining forces with AJ Power – the largest private PV developer in Latvia. This investment will contribute to both Latvia’s energy independence and the achievement of the sustainability goals. Green energy is our future, which means not only environmentally sustainable operations, but it also has a real economic basis.”Roberts Samtiņš, the CEO of AJ Power group, says: “In Latvia, solar energy has become one of the…
BaltCap invests in solar energy generation in Latvia to enhance the energy independence in the Baltics – pv magazine International
