EGEF aims to make sustainable investments that contribute to climate change mitigation. Investment targets include renewable energy (solar, wind, hydro, and hybrid) plants in the European Union, technologies related to energy capture and storage, specialised bio-energy plants that convert the energy released by biochemical processes into heat and electricity, geothermal power plants and technologies that use hot water from the ground to generate heat and electricity. The fund will aim to invest at least 80% of its net asset value in environmentally sustainable economic activities.
According to Jolanta Dobradziejienė, deputy development director of Eika, the Metų Laikai project is being developed in a place in Vilnius where people can foster an urban lifestyle and enjoy the opportunities offered by nature. „It is easy to fall in love with Visoriai as a district because everything you could possibly need is within easy reach – kindergartens, schools, medical institutions, supermarkets, and gyms. Those who like to spend time actively in nature will find walking trails, MTB cycling routes, and interesting and challenging jogging routes, and those who are in a hurry to reach the city centre will be able to reach it via one of the city’s main transport arteries – Geležinio Vilko Street and Ateities Street. This is a place where everyone can fulfil their daily routine,“ says J. Dobradziejienė.