Across the Baltic region, up to 600 electric vehicle (EV) charging stations are planned to be built by the end of 2027. Given that this region currently lags behind the European Union average in terms of electromobility infrastructure, the project holds particular significance and will contribute to achieving the national energy and climate goals of the Baltic states.
A portion of the stations will be installed along the Trans-European Transport Network (TEN-T) corridors, further supporting the decarbonization goals of the transport sector defined within the “Fit for 55” package and the European Green Deal.
The project is supported by the European Bank for Reconstruction and Development (EBRD), which approved a 60 million euros loan to the Ignitis Group – the leading energy company in the Baltic states.
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Matteo Patrone, EBRD’s Managing Director for Banking, stated that this investment represents a major step forward for green mobility in the region and addresses one of the main barriers to the wider adoption of electric vehicles – the lack of accessible and reliable infrastructure.
In 2024, the Ignitis Group tripled its charging network and aims to become the leading operator of fast EV chargers in the region.
Energy portal
