Brussels, 19/12/2011 (Agence Europe) - The European Investment Bank (EIB) announced on Friday 16 December that it was to lend €50 million to energy company Eesti Energia to make Estonia's energy mix “more environmentally sound” and improve security of supply thanks to wind power and waste-to-energy projects. The EIB loan will finance the construction of a waste-to-energy plant in Iru, in the outskirts of the Estonian capital, Tallinn. The EIB, which has already financed a number of similar projects in the Baltic Sea region, will also provide a €45 million loan for the construction of two onshore wind parks. The wind parks, with production capacities of 39 MW and 22 MW respectively, will be built in Narva and Paldiski, helping Estonia meet its EU 2020 targets for renewable energy production. (OL/transl.rt)