The Nordic Investment Bank (NIB) and the Republic of Lithuania have signed a loan agreement, totalling EUR 100 million, with a maturity of 20 years, to improve energy efficiency in public and residential buildings.
The long-term loan will finance the renovation of apartment buildings with a total surface area of 4 million square meters and 49 public buildings, mainly hospitals, health centers and community centers.
This is the second phase of the state-sponsored programme. In the first phase, implemented in 2009–2014 and also co-financed through a EUR 100 million NIB loan, energy efficiency was improved in 362 apartment buildings and 50 public buildings.
To find out more about the programme please click here.