EIB Lends €100 Million for Klaipėda Port Energy, Defense Infrastructure Projects

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The European Investment Bank (EIB) is lending EUR 100 million to the Port of Klaipėda - the funds will be invested in the modernization and development of port infrastructure, projects important for military mobility, clean energy infrastructure and the development of offshore wind energy.

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The loan is intended to strengthen the role of the port of Klaipėda in the fields of defense and energy: part of the cruise ship terminal will be adapted to accommodate NATO ships, as well as cover up to half of the project for reducing pollution.