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EU lends €112m to 3rd Estonian-Latvian electricity interconnection

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The European Commission has approved a €112m loan to Elering, Estonia's electricity transmission network operator.

The loan will finance the construction of the third electricity interconnection between Estonia and Latvia. The 330 kV overhead line worth €172m will connect Harku to Sindi (Estonia) over 170 km, then to Kilingi-Nõmme to Riga (Latvia). It is expected to increase the interconnection capacity between the two Baltic countries by 600 MW.

Source: The Baltic Course, 22 May 2015