Eesti Energia announced the opening of a biofuel-based combined heat and electricity station in Valka, Latvia. It is the state-owned company's first such plant outside of Estonia.
The EU forked out 3.5 million euros of the 9.6-million-euro total cost, the energy company said in a press release today.
Eesti Energia, known abroad as Enefit, already had heat production facilities in Valka, which lies on the Estonian-Latvian border, and has been selling electricity to Latvia since 2006.
The new plant has a 2.4 megawatt electricity producing and a 8 megawatt heat producing capacity.