OREANDA-NEWS. November 05, 2008. Tallinn office advised Iberdrola Renovables on issuing equity in its Estonian subsidiary Raisner OU to the European Bank of Reconstruction and Development (EBRD), reported the press-centre of Sorainen.

At Luganuse in North-East Estonia, Raisner OU is developing a wind farm, now in its final stages of development. Once complete, the 150 MW wind farm will be the largest in Estonia.

The aim of the EBRD investment is to provide financing for development of the wind farm. The Sorainen team was led by Toomas Prangli, Paul Kunnap, and Luis Felipe Mohando.