Lot 1: ERDF funds for financing Modernisation Projects in Central and Western Lithuania

e of tackling the market failure identified by the ex-ante assessment of energy efficiency and finalised on 28 February 2023 (“Ex-Ante Assessment”), the Ministry of Finance of the Republic of Lithuania, acting as Managing Authority (“MA”), has dedicated resources to the implementation of the Holding

Fund Lithuania (“HF”) managed by the European Investment Bank (“EIB”) in accordance with Article 59(3)(a) of the Common Provisions Regulation (“CPR”) and the provisions of the funding agreement entered into force on 9 December 2024 between