Industrial Policy & Trade Monitor· 2663 actions· ✨ 89 recent

NIB, the multilateral development bank owned by the eight Nordic and Baltic member states, signed a EUR 11.4 million 10-year loan with Metrosert AS, Estonia's national testing, calibration and certification body, to finance a new Drone Technology Unit within Metrosert's Applied Research Centre in Tallinn. The unit will house nine laboratories to develop, validate and industrialise unmanned aerial, ground and maritime systems, with most planned activity explicitly defence-related, covering unmanned aviation, communications, navigation, flight physics and hardware security. NIB financing at preferential development-bank rates functions as a below-market state-backed subsidy to a strategic dual-use research facility; the unit is targeted to be fully operational by summer 2027 as part of a EUR 42.9 million total Applied Research Centre build-out.

NIB, the multilateral development bank owned by the eight Nordic and Baltic member states, signed a EUR 27.7 million (USD 32.2 million) 10-year loan with Baltic Storage Platform OÜ, a joint venture of Evecon, Corsica Sole and Mirova, to finance two 100 MW/200 MWh standalone battery energy storage systems (Hertz 1 at Kiisa and Hertz 2 at Aruküla, both near Tallinn) with a combined 200 MW/400 MWh capacity — among the largest battery-storage complexes in continental Europe. The loan is disbursed under the EU's InvestEU programme via NIB's Framework on Clean Energy Transition, part of a EUR 85.6 million total financing package alongside the EBRD and Edmond de Rothschild Asset Management. NIB financing at preferential development-bank rates functions as a below-market state-backed subsidy to strategic domestic grid-storage infrastructure supporting Baltic energy independence and renewables integration.

The European Commission approved, under EU State aid rules, an Estonian strategic reserve scheme worth EUR 750 million (USD 872 million) to safeguard security of electricity supply in emergency situations. The reserve remunerates generation, demand-side-response and storage capacity held outside the normal market and dispatched only when demand exceeds available supply, such as periods of low wind/solar output coinciding with peak consumption. Capacity will be selected through a competitive, technology-neutral, non-discriminatory bidding process, and the scheme will run until 31 December 2035.